Jim received a $500 refund of state income taxes this year. Jim will not need to include the $500 in his gross income this year if he did not deduct state income taxes last year.

Answer the following statement true (T) or false (F)


True

Business

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Because of the increasing complexity of the social, economic, and industrial life of the nation, the scope of __________ has expanded enormously

a. common law b. administrative law c. procedural law d. equity

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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. A credit scoring system might assign points according to your annual income and [gender | age].

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Last year Avator's operating income (EBIT) increased by 22 percent while its dollar sales increased by 15%. What is Avator's degree of operating leverage (DOL)?

A) .68 B) 2.0 C) 1.47 D) .32

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When using voicemail, you should

A. check your voicemail several times a day B. use the automated message that comes with the system C. let the voicemail system answer your telephone even when you are at your desk D. both B and C

Business