The last step in the grievance process for nearly all union contracts in both the public and private sector is usually:
A. A hearing before the NLRB
B. Mediation by the Federal Mediation and Conciliation Service
C. A unilateral decision by management
D. Final and binding arbitration
D. Final and binding arbitration
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Which of the following is a regulatory agency?
a. IASB b. SEC c. FASB d. GASB
Whitney earns about $100,000 a year. She and her employer both pay 6.2% of Whitney’s earnings into ______. Whitney’s portion is withheld from her paycheck.
A. Social Security B. Medicare C. unemployment insurance D. retirement
One of the senior partners in the firm says that he has a niece he thinks would be a good fit for an internship with the firm this summer
The partner, Ronald, says that his niece, Charlotte, is a kid with great potential as a lawyer. However, Ronald believes that a human resource professional such as Bruce should also interview her to help determine his suitability for the firm. As part of the screening, Bruce conducts an Internet search and finds out that a few years ago, Charlotte ran a red light and severely injured a bicycle rider. How should Bruce deal with this situation? A) Go through the motions of interviewing Charlotte, and then report back to Ronald that she appears to have a "teenage brain," but provide no specific explanation. B) Advise Ronald of the Internet search findings, and ask if Charlotte should still be interviewed for the summer internship. C) Not advise Ronald about the findings for fear of irritating and perhaps getting in bad with him. D) Discuss his findings about the vehicular accident with several other people in the office, and ask their opinion on how he should proceed.
You have just won the university lottery. If you graduate, you will receive a refund equal to the amount of tuition you paid in your first four years of school
However, you need money now and a firm that specializes in buying expected future cash flows has offered to discount the lottery winnings at a rate of 8% and pay you cash today in exchange for your future lottery winnings. Since you have studied finance, you insist that they discount the cash flows at 12% instead of 8% because there is some risk as to the certainty of your graduating. If the firm agrees to your demand, then this means they will increase the present value of what they will pay you today. Indicate whether the statement is true or false.