Which of the following is a drawback of buying a franchise?
A. Franchisees face issues in understanding their role in the responsibilities of operating the franchise.
B. Franchises are not available in a wide range of endeavors.
C. Franchisers have to identify their market niche and conduct their own sales activities.
D. Franchisers do not provide any guidance to the franchisee.
Answer: A
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Which of the following statements about the minimum wage is accurate?
a. Free market advocates support higher minimum wages to keep the labor force healthy. b. States can establish their own minimum wages, but only if they are higher than the federal minimum wage. c. The federal minimum wage is generally determined based on what is believed to be a living wage. d. In 2015, about 12.6 million workers were paid a minimum wage.
Compensation surveys provide the data for translating a policy into pay levels, pay mix, and structures.
Answer the following statement true (T) or false (F)
A segment margin is always greater than or equal to zero
Indicate whether the statement is true or false
In the audit of a federal assistance program, a cost that appears to be in violation of a law or regulation is referred to as a:
A. Questioned Cost. B. Single Audit Deviation. C. Direct compliance cost. D. Potentially fraudulent cost.