Answers

NN

Answered

Which of the following statements is true of cafeteria-style benefits plans offered by organizations?

A) Cafeteria-style benefits are funded jointly by the employer and the government.
B) They typically take the form of referrals for employees with a disabled parent or one who needs constant care.
C) Some evidence suggests that these programs can lead to increased satisfaction and reduced turnover.
D) They are benefits targeted at different stages in an employee's life.

On Jul 28, 2024


C
NN

Answered

Which statement is true?

A) Social Security taxes must be paid on all income.
B) Social Security taxes must be paid on all wages and salaries.
C) Social Security taxes must be paid on interest income unless it is tax-exempt.
D) None is true.

On Jul 24, 2024


D
NN

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______ is the rating given to income bonds on which no interest is being paid.

A) F
B) D
C) C
D) A
E) B

On Jun 28, 2024


B
NN

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Answer the following four questions.
A.What is a contingent liability?
B.When must a contingent liability be recorded through a journal entry?
C.When should a contingent liability be disclosed in the footnotes to the financial statements?
D.When is disclosure of a contingent liability not required?

On Jun 24, 2024


A.Contingent liabilities are potential liabilities that arise due to past events.
B.Whether or not the potential liability becomes a recorded liability depends upon the outcome of future events.For example,if a company is currently involved in a product liability lawsuit,then the company may have to pay the plaintiff if the settlement is unfavorable.A contingent liability must be recorded if it is probable that the future events will occur and the amount can be reasonably estimated.
C.Contingent liabilities should be disclosed in the notes to the financial statements if it is probable that future events will occur but the amount cannot be reasonably estimated.There should also be note disclosure if it is reasonably possible that the future events will occur,whether or not an amount can be reasonably estimated.
D.Disclosure is not required if the probability of future events occurring is remote.
NN

Answered

Being aware of your body language,being polite and courteous,and being confident and open are all forms of ______.

A) impression management
B) attitude adjustment
C) self-confidence
D) nonverbal management

On May 28, 2024


A
NN

Answered

A merchandiser,provides the following information for its December budgeting process:
The November 30 inventory was 1,800 units.
Budgeted sales for December are 4,000 units.
Desired December 31 inventory is 2,840 units.
Budgeted purchases are:

A) 5,040 units.
B) 1,240 units.
C) 6,840 units.
D) 4,000 units.
E) 5,800 units.

On May 25, 2024


A