What are private and public employment agencies? Explain the differences between the two types of agencies.
What will be an ideal response?
Public employment agencies are state government agencies that work with the U.S. Employment Service (USES) to try to ensure that unemployed individuals eventually get off state aid and back on employer payrolls. To accomplish this, agencies collect information from the unemployed about their skills and experiences. Employers can register their job vacancies with their local state employment office, and the agency will attempt to find someone suitable using its computerized inventory of local unemployed individuals. The agency makes referrals to the organization at no charge, and these individuals can be interviewed or tested by the employer for potential vacancies.
Private employment agencies perform the same service as public employment agencies, but they are not operated by the state governments and are privately operated. While public employment agencies serve primarily the blue-collar labor market, private employment agencies perform much the same service for the white-collar labor market. In addition, unlike public agencies, private employment agencies charge the organization for the referrals. Another difference between private and public employment agencies is that an individual does not have to be unemployed to use a private employment agency.
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Which of the following errors will cause the trial balance totals to be unequal?
A) amount incorrectly entered on the trial balance B) failure to record a transaction or to post a transaction C) recording the same transaction more than once D) recording the same erroneous amount for both the debit and the credit parts of a transaction E) posting a part of a transaction correctly as a debit or credit but to the wrong account
The day-to-day management of a corporation is carried out by the ________
A) shareholders B) board of directors C) corporate officers D) financial investors
For benefits reporting, the most common required report is the annual benefits report to employees for tax-qualified plans under ______.
a. FLMA b. EEO c. FLSA d. ERISA
The Drug-Free Workplace Act requires ____ to certify that they will provide a "drug-free" workplace.
a. all companies with more than $25,000 worth of business with the federal government b. all companies with less than $25,000 worth of business with the federal government c. all companies in the United States d. all limited liability companies e. all companies that earn more than $25,000 in a year