What is the name given to an employee who is hired on something other than a permanent or full-time basis?
A) Knowledge expert
B) Contingent worker
C) Technical employee
D) Supervisory manager
E) Managing director
Answer: B
Explanation: B) Contingent workers include independent contractors, on-call workers, and leased employees.
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Flubber Corporation owns 40 percent of the voting stock of Rhim Corporation and accounts for the investment using the equity method; Rhim Corporation reports a net loss of $30,000 . Flubber Corporation's entry to record the share of loss is:
a. Loss, Rhim Corporation Investment 12,000 Investment in Rhim Corporation 12,000 b. Loss, Rhim Corporation Investment 12,000 Loss, Rhim Corporation Investment 12,000 c. Investment in Rhim Corporation 30,000 Cash 30,000 d. Investment in Rhim Corporation 12,000 Cash 12,000
Government-wide statements use the:
A. economic resources measurement focus and modified accrual basis of accounting. B. economic resources measurement focus and accrual basis of accounting. C. current financial resources measurement focus and accrual basis of accounting. D. none of the choices is correct.
The needs-based approach should be used to determine whether life insurance is needed and how much
Indicate whether the statement is true or false
The semistrong form of the efficient market hypothesis maintains all of the following, except that:
A. there is no learning lag in the distribution of public information. B. all public information is immediately impounded into the value of a security. C. technical analysis is helpful in determining whether a stock is overvalued or undervalued. D. fundamental analysis cannot outperform the market.