Active recruitment of minority applicants to meet hiring goals is termed:
A) reverse discrimination.
B) affirmative action.
C) comparable worth.
D) bonafide occupational qualification.
B
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Antonio and Barbara are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $80,000 . What amount of loss on realization should be allocated to Barbara?
a. $80,000 b. $10,000 c. $20,000 d. $30,000
Which of the following statements regarding inflation and accounting is false?
a. The SEC requires U.S. companies to present supplemental financial information adjusted for the effects of inflation. b. Instability of the measuring unit that is the currency occurs in countries with rampant inflation. c. In some in Latin American and South American countries, companies have been required to adjust their financial statements to take into account the effects of inflation. d. The FASB developed rules for companies in the United States to use to adjust for inflation.
The earliest theorist to discuss the principle of comparative advantage was
a. Adam Smith. b. David Ricardo. c. Eli Heckscher. d. Bertil Ohlin.
Robert is hired as a sales representative for a company that manufactures fire extinguishers. His job description reads as follows: "The key duty of the sales representative is to unravel the customer's problems using the company's products
" Which of the following positions would best describe Robert's profile? A) deliverer B) technical salesperson C) missionary salesperson D) order taker E) solution vendor