Which of the Following Businesses Is Most Likely to Use

question 50

Multiple Choice

Which of the following businesses is most likely to use a specific identification cost flow method?

• A)Car dealership
• B)Grocery store
• C)Hardware store
• D)Roofing company

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Definitions:

State Wage-and-hour Laws

Laws enacted by individual states in the U.S. that govern minimum wage levels, overtime pay, and other aspects of employment hours and compensation.

Personnel Department

The department within a company responsible for the management of employee-related processes such as hiring, administration, and training.

Federal

Relating to the national government of a country, as opposed to local or state government.

Labor Relations

The study and practice of managing unionized employment situations, including negotiations between employers and unions regarding wages, working conditions, and other employment terms.