Marco Enterprises wants to ensure that it thoroughly understands all of its jobs so that it can determine the qualifications each job demands. To do so, Martin would first
A. draft job descriptions.
B. write job specifications.
C. conduct job analysis.
D. set up job orientations.
E. prepare a skills inventory.
Answer: C
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FUTA is a federal tax that is paid by employers for each employee to provide ____________________ compensation to workers who have lost their jobs.
Fill in the blank(s) with the appropriate word(s).
On January 31, 2016, Manning Company acquired a new machine by paying $40,000 cash and agreeing to pay $20,000 annually for four years, beginning on January 31, 2017. Assuming an interest rate of 10%, Manning should record the acquisition cost of the machine on January 31, 2016, at
A) $120,000. B) $109,737. C) $103,397. D) $102,092.
Outrigger Leisure Products sells 2200 kayaks per year at a price of $450 per unit. Outrigger sells in a highly competitive market and uses target pricing. The company has $1,000,000 of assets and the shareholders wish to make a profit of 17% on assets. Fixed costs are $450,000 per year and cannot be reduced. Assume all products produced are sold. What are the target variable costs?
A) $139,401 B) $1,000,000 C) $820,000 D) $370,000
Kimberly borrows $50,000 from a bank. She gives the bank a security interest in her ________ inventory
This implies that if Kimberly does not repay the loan in the stipulated period, the bank can claim any assets she purchased after signing the security agreement. A) floating lien B) future advance C) attached D) after-acquired