The Employee Polygraph Protection Act applies:

A. to all private employers engaged in commerce with certain exceptions based on the type of business.
B. to government employers.
C. only to the pre-employment period.
D. only to the post-hire period.

Ans: A. to all private employers engaged in commerce with certain exceptions based on the type of business.

Business

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A home improvement firm has quoted a price of $9,800 to fix up Eric's backyard. Five years ago, Eric put $7,500 into a home improvement account that has earned an average of 5.25% per year

Does Eric have enough money in his account to pay for the backyard fix-up? A) Yes; Eric now has exactly $9,800 in his home improvement account. B) No; Eric has only $9,687 in his home improvement account. C) Yes; Eric now has $10,519 in his home improvement account. D) There is not enough information to answer this question.

Business

Capital budgeting Golden Flights, Inc. is considering buying some specialized machinery which would enable the company to obtain a six-year government contract for the design and engineering of a futuristic plane

The machinery costs $975,000 and must be destroyed for security reasons at the end of the six-year contract period. The estimated annual operating results of the project are as follows: All revenue from the contract and all expenses (except depreciation) will be received or paid in cash in the same period as recognized for accounting purposes. You are to compute the following three factors for this project: (a) Payback period: __________ years (b) Return on average investment: __________% (c) Net present value of the investment in this machinery, discounted at an annual rate of 12% (an annuity table shows that the present value of $1 received annually for six years discounted at 12% is 4.111): $__________ What will be an ideal response?

Business