Question 1

What is the most accurate statement regarding forecasting?

Options :

A : It is a precise estimate of what the future holds for the organization.

B : It is done primarily by using historical revenue and expense data.

C : It is done primarily by evaluating market conditions and economic indicators.

D : It uses internal and external factors to help answer questions about business expectations for the future.

Answer: D

Question 2

Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?

Options :

A : Department of Labor

B : National Labor Relations Board

C : Office of Federal Contract Compliance Programs

D : Equal Employment Opportunity Commission

Answer: A

Question 3

What do profits, equity and debt all have in common?

Options :

A : They are all reported on the balance sheet.

B : They are all sources of capital.

C : They all incur the same costs to the business.

D : Nothing. Each of these is a different financial metric.

Answer: B

Question 4

Which of the following acts is focused on employers with construction contracts with the government?

Options :

A : Davis-Bacon Act

B : National Labor Relations Act

C : McNamara-O'Hara Act

D : Sherman Antitrust Act

Answer: A

Question 5

What information do EEO posters provide to employees?

Options :

A : Various federal minimum wage rules

B : Employee rights under the H-2A Program

C : Laws and procedures for filing complaints

D : Laws and rules for employee polygraph protection

Answer: C

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