The ________, now enforced by the Equal Employment Opportunity Commission (EEOC), prohibits unequal pay for men and women who perform equal work or work of comparable work.
A. Equal Pay Act
B. Discrimination and Employment Act
C. Americans with Disabilities Act
D. Disparate Impact
E. Fair Labor Standards Act
Answer: A
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Which of the following is not considered important in the proper allocation of overhead costs?
a. Forecasting production activity b. Estimating total overhead costs c. Selecting an appropriate activity base d. Estimating the selling price of the product
The management of Earth Barber Lawnmowers has calculated the following variances:
When determining the total product cost flexible budget variance, what is the total fixed overhead variance of the company?
A) $6500 F
B) $4000 F
C) $10,500 F
D) $5500 F
Island Company has 1,000,000 shares of common stock authorized with a par value of $3 per share of which 600,000 shares are outstanding. Island authorized a stock dividend when the market value was $8 per share, entitling its stockholders to one additional share for each share held. The par value of the stock was not changed. Assuming the declaration is not recorded separately, what entry, if
any, should Island make to record distribution of the stock dividend? a. Retained Earnings........... 4,800,000 Common Stock.............. 1,800,000 Gain on Stock Dividends... 3,000,000 b. Retained Earnings........... 1,800,000 Common Stock.............. 1,800,000 c. Retained Earnings........... 4,800,000 Common Stock.............. 1,800,000 Paid-In Capital from Stock Dividends 3,000,000 d. Memorandum entry noting the number of additional shares issued as a dividend
What form of climate change mitigation is illustrated in the text’s description of action by Michael Bloomberg?
a. direct philanthropic donation b. purchasing carbon offsets c. reducing carbon footprint d. executive-level government regulation