The probability of a disabling injury or illness is much greater than the probability of death

Indicate whether the statement is true or false.


TRUE

Business

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Of the three widely used inventory costing methods (FIFO, LIFO, and average), the LIFO method of costing inventory is based on the assumption that costs are charged against revenues in the reverse order in which they were incurred

Indicate whether the statement is true or false

Business

The overhead cost performance report presents itemized variances along with actual and budgeted costs for each overhead item.

Answer the following statement true (T) or false (F)

Business

According to McClelland, the need for affiliation is the extent to which an individual

A. wishes to receive performance feedback. B. desires to perform challenging tasks well. C. desires to control other people. D. wants to meet personal standards for excellence. E. is concerned about maintaining good interpersonal relations.

Business

In Caterpillar Logistics Services v. Solis, where an employee claimed to suffer an on-the-job injury, but Caterpillar's experts said the problem was from a preexisting condition, but OSHA (Department of Labor) held that it was a work injury, the court of appeals held that:

a. federal courts have no authority to review OSHA findings on injuries b. the decision of the administrative law judge was reasonable despite refusing to consider expert testimony offered by Caterpillar c. the decision of the administrative law judge was reasonable despite refusing to consider expert testimony offered by Caterpillar d. the decision of the administrative law judge was not severe enough under the OSHA guidelines, so the fine imposed was tripled e. none of the other choices

Business