An Excelsior List Must Be Filed by Employers with the Regional

question 59

Multiple Choice

An Excelsior list must be filed by employers with the regional director within ________ after an election order issued.

• A)7 days
• B)22 days
• C)35 days
• D)60 days

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Definitions:

Activity Base

A measure used to allocate costs in activity-based costing, reflecting the level of effort or consumption of resources.

Service Departments

Units within an organization that support other departments but do not directly contribute to revenue generation, such as IT and HR.

Profit Margin

A financial ratio indicating the percentage of revenue that remains as profit after accounting for the cost of goods sold and other expenses; a measure of profitability.

Investment Turnover

A financial ratio that measures the efficiency of a company in generating sales from its investments in securities or fixed assets.