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Alik [6]
3 years ago
6

In what year was the EEOC established O A. 1970 B. 1930 C. 2007 D. 1965

Business
1 answer:
Maslowich3 years ago
3 0

Answer:

D. 1965

Explanation:

The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.

The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.

The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.

Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;

I. To communicate with customers who can speak English only.

II. To efficiently promote cooperative work assignments among teams (employees).

III. To enhance or facilitate safety during an emergency.

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A company incurs factory overhead costs of $1,200 and applied $1,500. If the difference is considered immaterial, then the:_____
maksim [4K]

Answer:

b) adjusting entry will require a credit to Cost of Goods Sold.

c) Factory Overhead account has a credit balance of $300 before adjusting.

Explanation:

Given that

Actual Overhead = $1200 i.e. debited to the factory overhead account  

And,

Applied overhead = $1500 i.e. Credited to the factory overhead account

So, the Factory overhead account has a credit balance of $300 prior adjusting

Also the applied overhead is higher than the actual one so the adjusting entry would needed to credit to the cost of goods sold  

6 0
3 years ago
Under firm-commitment underwriting, the _______ assumes the full risk that the shares cannot be sold to the public at the stipul
Gala2k [10]

Under firm-commitment underwriting, the underwriter bears the entire risk that the shares will not be sold to the public at the specified offering price.

What is Underwriter?
Any person who assesses and takes on another party's risk in exchange for payment—which frequently comes in the form of a commission, premium, spread, or interest—is an underwriter. While underwriters work for insurance firms, agents and brokers represent both consumers and insurance companies. The mortgage, insurance, equity, and some prevalent forms of debt security trading are just a few of the financial industries where underwriters play a crucial part. Sometimes referred to as a book runner, a lead underwriter holds this position.

To learn more about Underwriter
brainly.com/question/28401676
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7 0
1 year ago
Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False
Lemur [1.5K]

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

6 0
4 years ago
Turbo Corporation (a U.S.-based company) acquired merchandise on account from a foreign supplier on November 1, 2017, for 100,00
Eva8 [605]

Answer:

a. It results in a gain on foreign exchange of $1,200

b. It results in a loss on foreign exchange of $500

Explanation:

The accounting standard related to foreign exchange is IAS 21 and it requires that financial assets and liabilities in the balance sheet are recognized at the spot rate and revalued at year end using the closing rate with the difference between the amounts at transaction date and year end recognized as a gain/loss in the income statement.

Since the item was purchased on account, the inventory is not a financial asset and will thus not be revalued. However, the accounts payable will be revalued.

The entries posted on purchase would have been debit inventory and credit accounts payable.

On November 1, 2017

1 markka = $0.754

100,000 markka = $75,400

when the rate changes to $0.742,

100,000 markka = $74,200

The difference

= $75,400 - $74,200

= $1,200

There has been a reduction in the liability by this difference hence

Debit Accounts payable $1,200

Credit Foreign exchange gain $1,200

January 15, 2018 where the rate becomes $0.747,

100,000 markka = $74,700

The difference then becomes

= $74,200 - $74,700

= ($500)

This is an increase in the liability hence

Debit Foreign exchange loss $500

Credit Accounts payable $500

8 0
3 years ago
Read 2 more answers
​J&J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company use
lilavasa [31]

Answer:

$3,999.04 F

Explanation:

Calculation to determine the​ flexible-budget amount for variable manufacturing​ overhead?

First step is to calculate the Budgeted fleet hours per unit

Budgeted fleet hours per unit = 568 ÷ 710

Budgeted fleet hours per unit = 0.8

Second step is to calculate the Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads = 660 × 0.8

Budgeted fleet hours allowed for 660 truckloads = 528

Third step is to calculate the Budgeted variable overhead rate per machine hour

Budgeted variable overhead rate per machine hour = $89,460 ÷ 528

Budgeted variable overhead rate per machine hour = $169.43

Fourth step is to calculate the Flexible-budget amount

Flexible-budget amount = 528× $169.43

Flexible-budget amount= $89,459.04

Now let calculate the Flexible-budget variance

Flexible-budget variance = $85,460 − $89,459.04

Flexible-budget variance= $3,999.04 F

Therefore the Flexible-budget variance is $3,999.04 F

4 0
3 years ago
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