The European Union has issued the ________, which is significantly stronger than U.S. regulations.

A. Non-Retaliation for Disclosure of Compensation Information
B. Convention on Contingent Workers
C. Minimum Wage Convention
D. Data Privacy Directive


Answer: D

Business

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Ngu owns equipment that cost $94,700 with accumulated depreciation of $64,800. Ngu asks $35,300 for the equipment but sells the equipment for $33,200. Compute the amount of gain or loss on the sale.

A. $3300 gain. B. $5400 gain. C. $3300 loss. D. $2100 gain. E. $5400 loss.

Business

Which of the following financial statements is unique to a production-oriented company?

a. Balance sheet b. Statement of cash flows c. Income statement d. Statement of cost of goods manufactured

Business

The Endangered Species Act applies to construction projects

Indicate whether the statement is true or false

Business

Smaller businesses often sell their unusable and excess inventory to _____, which are firms that find buyers for these items

a. inventory specialists b. liquidation brokers c. inventory removal services d. secondary marketers

Business