Business ethics applies only to the owners, operators, and employees of corporations.

Answer the following statement true (T) or false (F)


False

Business

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Which costs should be included in the calculation of the cost per equivalent unit using the FIFO method of process costing?

A) Current period costs only B) Current period costs plus those from beginning work-in-process inventory C) Current period costs less those from beginning work-in-process inventory D) Current period costs less those from ending work-in-process inventory

Business

Match the following unions to their quotes.

1. American Federation of Labor 2. Industrial Workers of the World 3. National Labor Union 4. Knights of Labor a. The working class and the employing class have nothing in common...Between these two classes a struggle must go on until the workers... organize as a class, take possession of the earth and the machinery b. "...we, the representatives of the workingmen of American in congress assembled, recommend that steps be taken to form the same [a national labor party] which shall be put into operation as soon as possible." c. "The alarming development and aggression of aggregated wealth which, unless checked, will inevitably lead to the pauperization and hopeless degradation of the toiling masses, render it imperative, if we desire to enjoy the blessings of life that a check should be placed upon its power..." d. "Whereas, a struggle is going on in all nations of the civilized world... between the Capitalist and the Laborer, ... We therefore declare ourselves in favor of the formation of a thorough Federation, embracing every Trade and Labor Organization in America..."

Business

Shareholders' meetings need not occur at any certain interval.

Answer the following statement true (T) or false (F)

Business

The liability of an employer under the doctrine of respondeat superior is limited to wrongdoing by the employee in the course of his employment

Indicate whether the statement is true or false

Business