Fraudulent practices and other abuses of private pension funds led Congress to enact the ________
A) Federal Deposit Insurance Corporation Act
B) Employee Retirement Income Security Act
C) Federal Reserve Act
D) Social Security Act
B
You might also like to view...
The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as:
A. Underapplied overhead. B. Overapplied overhead. C. Predetermined overhead. D. Estimated overhead. E. Adjusted overhead.
According to the text, a combination of ______ is the best way of building a diverse and productive network.
a. social bonds, bridges, and linkages b. fellow entrepreneurs, business partners, and mentors c. family, friends, and acquaintances d. investors, employees, and business partners
Allain, Inc has the following budgeted figures
Jan Feb Mar April Sales $55,300 $62,000 $89,000 $95,000 Cost of goods sold 60% of sales Required ending inventory $15,000 + 20% of next month's sales Inventory on hand on Jan 1 $27,000 Calculate the ending merchandise inventory for the month of March. A) $32,800 B) $68,400 C) $33,580 D) $53,400
Consider the following conditions for an item used in the Hess Company's manufacturing process:
On-hand inventory: 80 units Open orders (scheduled receipts): 100 units Backorders: 20 units Reorder point: 150 units Quantity per order: 50 units Which of the following statements best describes Hess's situation regarding inventory replenishment? A) No action is required, since Hess's inventory position is greater than the reorder point. B) Hess should order one lot of 50 units to cover its backorders. C) Because it is incurring backorders, Hess should increase its reorder point. D) Hess should place an order for 50 units, since their inventory position is less than the reorder point.