MATCHING KEY TERMS AND DEFINITIONS

question 73

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Requires an employer to notify job candidates of its intent to check into their credit.

• A)Suspension
• B)Drug-Free Workplace Act of 1988
• C)Fair Credit Reporting Act of 1971
• D)Polygraph Protection Act of 1988
• E)Hot-stove rule
• F)Drug testing
• G)Written verbal warning
• H)Implied employment contract
• I)Dismissal
• J)Employment-at-will doctrine
• K)Discipline
• L)Whistle-blowing
• M)Honesty test
• N)Privacy Act of 1974
• O)Written warning

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Definitions:

Factory Overhead

All indirect costs associated with manufacturing, including utilities, depreciation, and salaries for managerial staff, not directly tied to production.

Work in Process Inventory

Inventory that includes all materials, labor, and overhead costs for products that are in the manufacturing process but not yet completed.

Manufacturing Costs Incurred

Expenses directly related to the production of goods, including materials, labor, and overhead costs.

Work in Process Inventory

Work in process (WIP) inventory represents goods that are partially completed in the manufacturing process but not yet finished.