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NEW QUESTION: 1
Partly because of bad weather, but also partly because some major pepper growers have switched to high-priced cocoa, world production of pepper has been running well below worldwide sales for three years. Pepper is consequently in relatively short supply. The price of pepper has soared in response: it now equals that of cocoa.
Some observers have concluded that the rise in the price of pepper means that the switch by some growers from pepper to cocoa left those growers no better off than if none of them had switched; this conclusion, however, is unwarranted because it can be inferred to be likely that
A. the initial cost involved in switching from pepper to cocoa is substantial
B. as more growers turn to growing cocoa, cocoa supplies will increase and the price of cocoa will fall precipitously
C. cocoa crops are as susceptible to being reduced by bad weather as are pepper crops
D. those growers could not have foreseen how high the price of pepper would go
E. supplies of pepper would not be as low as they are if those growers had not switched crops
Answer: E
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
Which three should real estate agents include in the criteria to assess their company's potential money laundering and terrorist financing risks when implementing a reasonable risk-based approach?
A. Credit Risk
B. Customer Risk
C. Transaction Risk
D. Geographic Risk
Answer: B,C,D
Explanation:
Reference:http://www.fatfgafi.org/media/fatf/documents/reports/RBA%20Guidance%20for%20Real%20Estate%20Agents.p df(page 20, second paragraph)

NEW QUESTION: 3
The Fair Labor Standards Act does provide some instances of when travel time is payable to nonexempt employees. Which of the following is an example of a nonexempt employee being reimbursed for travel time?
A. A plumber who is traveling between job sites
B. An airplane pilot who is waiting for a customer to fly
C. An employee who must travel to the worksite for overtime work
D. A daily train commute from the employee's home to the city
Answer: A
Explanation:
Explanation/Reference:
Answer option A is correct.
Of all the scenarios, only the plumber's travel from one worksite to another is applicable for time payment.
Answer option C is incorrect. A daily commute isn't applicable for time compensation.
Answer option D is incorrect. While the pilot's waiting time may be payable, this is not an example of travel time compensation.
Answer option B is incorrect. Travel time to a worksite is not applicable for compensation.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN:
978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined

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