Which of the following is not one of the four objectives of accounting given by ASOBAT?
a. To make decisions concerning the use of limited resources (including the identification of crucial decision areas) and to determine objectives and goals
b. To direct and control an organization’s human and material resources effectively
c. To relate the evaluative framework of standards and guidelines to the objectives themselves
d. To facilitate social functions and controls
ANSWER: C
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To establish a prima facie case of religious discrimination, the employee has to show all of the following except which one:
a. That religion has been a significant part of the employee's life for a significant amount of time. b. That the employee has a sincerely held religious belief. c. That the employer was on notice that the religious belief was in conflict with the employer's request. d. That there was a negative employment action based on a conflict between the religious belief and the employment requirement.
The Toxic Substances Control Act is accurately described by which of the following?
A. It established a national policy to regulate, restrict, and, if necessary, ban toxic chemicals. B. It promoted nontoxic chemicals and fuels for business use. C. It required reductions in urban smog, acid rain, and greenhouse gas emissions. D. It authorized funds for treatment plans and toxic waste cleanup.
A preliminary analysis involving data entry at the distributor revealed that packing slips contained errors; to remedy this problem a _____ was constructed for each day to track the number of defects found
a. Quality Assurance Committee b. sampling strategy c. u-chart d. new production process
You purchased one July futures contract of pork bellies at $.59 per lb. One contract represents 40,000 lbs. of pork bellies. Initial margin on the contract was 4% of the contract price with a maintenance margin of $500
By the end of the day, the price had fallen to $.57 per lb. How much will you be required to add to your margin account to replenish your maintenance margin? A) None B) $356 C) $144 D) $32