The Employer Information Report,EEO-1,must Be Filed Annually by Firms

question 22

Multiple Choice

The Employer Information Report,EEO-1,must be filed annually by firms:

• A)with 100 or more workers.
• B)employing fewer than 40 workers.
• C)exempted from other labor laws due to recent bankruptcy.
• D)found guilty of employment discrimination within the past ten years.

---

Definitions:

Actual Overhead Costs

The real costs incurred for overhead, including indirect materials, labor, and expenses, in contrast to budgeted or estimated overhead.

Overhead Controllable Variances

The portion of overhead costs that can be directly managed or influenced by decisions made by management.

Volume Variances

The difference between the planned or standard quantities expected and actual quantities, affecting inventory, sales, or production levels.

Work in Process

A term referring to items and materials that are being transformed into finished products but are not yet complete.