Which of the following correctly states the reasons that led to the passage of the Landrum-Griffith Act?
A) Congressional hearings uncovered evidence of looting of union treasuries by some powerful union officials.
B) Congressional hearings uncovered evidence of union employees being paid at sub-minimum wage rates.
C) Congressional hearings uncovered evidence of management domination of certain labor unions.
D) Congressional hearings uncovered evidence of poor holiday pay for certain labor unions.
A
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Which of the following terms refers to how individuals, acting as editors, determine what material is disseminated throughout the community as well as the value ratings associated with the material?
a. Media democratization. b. Three-way linking. c. Urban legends. d. Search engine optimization. e. Sockpuppeting.
Most companies approve employees letting other employees use their access key or card to let them enter after regular business hours
Indicate whether the statement is true or false.
Which of the following is not correct regarding inventory procedures reported in an interim financial statement?
A. FIFO is remeasured using the LIFO method in an interim financial statement. B. LIFO liquidations not expected to be replaced by the end of the year are reflected in cost of goods sold at original LIFO cost. C. Lower-of-cost-or-net realizable value adjustments are not made for the interim period if they are expected to reverse by the end of the year. D. LIFO liquidations a company expects to be replaced by year-end should be recorded in cost of goods sold, quantified at expected replacement cost rather than original LIFO cost. E. Variances in a standard costing system are reported at the end of the interim period unless they are expected to be absorbed by year-end.