When seeking a recommendation before awarding a contract, what type of information is least likely to be needed from an applicant?
A) Information on skills
B) Information on abilities
C) Information on integrity
D) Information on credit worthiness
E) Information on character
Answer: D
Explanation: D) For example, before extending credit or awarding contracts, jobs, promotions, or scholarships, companies often ask applicants to supply references. Companies ask applicants to list references who can vouch for their ability, skills, integrity, character, and fitness for the job.
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Answer the following statements true (T) or false (F)
ARB 36 reduced flexibility in how the cost relating to unfunded accumulated benefits was dealt with in the income statement.
After-tax income can be calculated as follows:
A) After-tax income = Pretax income x tax rate B) After-tax income = Pretax income ΒΈ (1 - tax rate) C) After-tax income = Pretax income x (1 + tax rate) D) After-tax income = Pretax income x (1 - tax rate)
What are the three main purposes of the federal Bankruptcy Code? How are these purposes supported and fostered in the Code?
If we borrowed $10,000 on a line of credit September 1, and the bank charges 12 percent per
annum, compounded daily, the interest due on October 1 is approximately A) $33.80. B) $40.00. C) $98.63. D) $100.00.