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NEW QUESTION: 1
Section B (2 Mark)
Payment of Gratuity Act 1972 is applicable to
A. None of the above
B. An establishment employing more than 10 employees
C. Every factory establishment
D. Both the above
Answer: D

NEW QUESTION: 2

A. Option D
B. Option B
C. Option C
D. Option A
Answer: A
Explanation:
Explanation
The Exception Request must include:
A description of the non-compliance.
The anticipated length of non-compliance (2-year maximum).
The proposed assessment of risk associated with non-compliance.
The proposed plan for managing the risk associated withnon-compliance.
The proposed metrics for evaluating the success of risk management (if risk is significant).
The proposed review date to evaluate progress toward compliance.
An endorsement of the request by the appropriate Information Trustee (VP or Dean).

NEW QUESTION: 3
The following items were among those that were reported on Lee Co.'s income statement for the year
ended December 31, 1989:

The office space is used equally by Lee's sales and accounting departments. What amount of the above
listed items should be classified as general and administrative expenses in Lee's multiple-step income
statement?
A. $290,000
B. $410,000
C. $325,000
D. $500,000
Answer: A
Explanation:

Note: 1/2 of the office space of $240,000 was used by the sales department, which should be allocated to
"selling expenses" (not general and administrative).
Choice "a" is correct. $290,000.

NEW QUESTION: 4

A. Link status only
B. Dynamic
C. Link status with Beacon probing
D. Fixed with preferred path
Answer: A,C