Which of the following is NOT an advantage to plaintiffs alleging racial discrimination and filing under the Civil Rights Act of 1866?
A. a four-year statute of limitations
B. unlimited compensatory and punitive damages
C. assistance in filing from the Equal Employment Opportunity Commission
D. applicability to all employees, not just those with 15 or more employees
Answer: C
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What would be the effect of a highly rule-based structure on an organization’s leadership?
a. It would tend to facilitate effective leadership. b. It would tend to stifle or hinder effective leadership. c. It would likely have little effect on leadership. d. none of these
Which type of funding raises small amounts of money from many people to finance a new venture?
A. crowdfunding B. multifunding C. duplicating D. venture-funding E. angel-financing
On January 1 . 2014, Marco Hospital issued a $250,000, 1 . percent, 5-year bond for $231,601 . Interest is payable on June 30 and December 31 . Marco uses the effective-interest method to amortize all premiums and discounts. Assuming an effective interest rate of 1 . percent, approximately how much discount will be amortized on December 31 . 2014?
a. $2,230 b. $1,480 c. $1,396 d. $987
Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 2.5% charge on sales for using its card. On May 26, Brinker had $4,800 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit?
A. Debit Cash $4,800; credit Sales $4,800. B. Debit Accounts Receivable $4,680; debit Credit Card Expense $120; credit Sales $4,800. C. Debit Accounts Receivable $4,800; credit Sales $4,800. D. Debit Cash $4,920; credit Credit Card Expense $120; credit Sales $4,800. E. Debit Cash $4,680; debit Credit Card Expense $120; credit Sales $4,800.