RioFit was recently issued a citation for a violation of OSHA. This is RioFit's first violation, and the company has demonstrated sincere effort to comply with OSHA. It is likely that
A. if this was a willful violation, RioFit will be fined the maximum of $500,000.
B. OSHA would adjust RioFit's penalty down from the established standards.
C. OSHA will assess a penalty in line with established standards.
D. if this was not a willful violation, RioFit will get just a warning.
Answer: B
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Which of the following is the primary source for evidence to corroborate the existence of pending litigation?
a. Vendor confirmations. b. Disclosures in financial statements. c. Management representation letters. d. Attorney confirmations.
Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials$59,400 Direct labor-hours 1,224DLHsDirect labor wage rate$15per DLHNumber of units completed 3,600units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $35 per direct labor-hour. Required:Compute the unit product cost that would appear on the job cost sheet for this job.
What will be an ideal response?
Reporting the details of notes is consistent with which accounting principle that requires financial statements (including footnotes) to report all relevant information?
A) Relevance. B) Full disclosure. C) Evaluation. D) Materiality. E) Expense recognition (matching).
According to the American Society of Training and Development (ASTD), leadership development, technical procedures, and information technology are the three most cited types of training provided to employees in the United States.
Answer the following statement true (T) or false (F)