Which of the following acts regulates compensation and benefits?

A. Occupational Safety and Health Act of 1970 (OSHA)
B. Labor-Management Relations Act
C. Fair Labor Standards Act
D. The Patriot Act

Ans: C. Fair Labor Standards Act

Business

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On January 1, 2016, Rhoda Corporation sells $1,000,000, 7%, 10 year bonds at 103. The journal entry to record the bond issuance will include:

A. debit to Cash for $1,030,000 B. debit to Bonds Payable for $1,000,000 C. debit to Premium on Bonds Payable for $30,000 D. credit to Bonds Payable for $1,030,000

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If a female employee is given a sexual male organ shaped birthday cake and she eats the cake and files a sexual harassment complaint after the party, ________

a) participation vitiates her complaint b) cake would be considered severely offensive c) both d) neither

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