An Occupational Safety and Health Act (OSHA) clause covering those situations not addressed by specific standards is termed as the:

A. omnibus clause.
B. intentional clause.
C. all-purpose clause.
D. general-duty clause.


Answer: D

Business

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The net income for the year ended was $720,000; total assets at the beginning of the year was $2,100,000; and total assets at the end of the was $2,300,000 . The return on total assets would be

a. 1.1%. b. 3.1%. c. 11.2%. d. 32.7%.

Business

Which of the following elements ultimately determines the amount of audit work that is necessary in the circumstances to afford a reasonable basis for an opinion?

A. Materiality. B. Auditor judgment. C. Relative risk. D. Reasonable assurance.

Business

Which of the following are examples of internal publics of a company?

A) newspapers, magazines, television stations, blogs, and other Internet media B) governmental departments and agencies that regulate businesses C) neighborhood residents and community organizations D) the managers, board of directors, and workers of the company E) the general public that is directly affected by the company

Business

Suppose Jones agreed with Smith that Smith would serve as his agent for business purposes until May 20, 2015. On that day, Smith's actual or apparent authority expired. Jones gave notice to all relevant parties of the termination

This is known as termination of the principal-agent relationship by ________. A) implication B) equity C) operation of law D) lapse of time

Business