"Wiggle room" in minority-owned businesses means:
a. That a male business owner who has his wife own 51% of his business qualifies as a women or minority-owned business.
b. That these businesses are not required to perform the contract according to industry standards.
c. That very few businesses qualify for minority- or women-owned businesses.
d. That percentages of ownership or work time can be rounded up.
.A
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A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the current ratio would be
a. 1.75 to 1 b. 2.25 to 1 c. 3.00 to 1 d. 3.50 to 1
According to IRS guidelines, companies may use FIFO for financial reporting and LIFO for tax reporting.
Answer the following statement true (T) or false (F)
Customer service performance measures should be reviewed and revised when?
a. Rarely b. As conditions merit c. Never d. After each unit of product is sold
Which sentence uses correct capitalization?
A) The Identity Theft and Assumption Deterrence Act of 1998 made identity theft a crime. B) Smoking in public places is now regulated by federal Laws. C) Many states have passed Legislation that legalizes the use of marijuana for medical purposes.