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How is an OMB Circular A-133 audit related to a GAGAS audit? How is an OMB Circular A-133 audit different from a GAGAS audit?
Agricultural Production
The process of cultivating plants and raising livestock for food, fiber, and other products.
Social Contract
Agreement hammered out between labor and management in leading industries; called a new “social contract.” Unions signed long-term agreements that left decisions regarding capital investment, plant location, and output in management’s hands, and they agreed to try to prevent unauthorized “wildcat” strikes.
Childcare Expenses
Costs that parents or guardians incur in providing care for their children, especially during work hours, including daycare, nannies, and preschool services.
Wage Cuts
A reduction in the amount of money employees are paid for their work, often implemented by employers to reduce costs during economic downturns or financial struggles.
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