Suppose that Social Security measures a quarter of coverage earned as $900. Mario works during the June and July only and earns $9,000 of covered wages. How many quarters of coverage does he receive for that year?
A) 1
B) 4
C) 10
D) Up to 10, depending upon whether or not he is self-employed
B
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Television and print advertisements by Victoria's Secret of models wearing only underwear are using which sexual appeal?
A) subliminal technique B) nudity or partial nudity C) overt sexuality D) sexual suggestiveness
Which one of the following accounts most likely would appear on the income statement of a merchandise company, but not on the income statement of a service company?
a. Cost of Goods Sold b. Selling Expenses c. Administrative Expenses d. Income Tax Expense
Which of the following situations would not qualify for the fair use exception to U.S. copyright law?
A. A professor clips a newspaper article just before class and distributes copies of it to his class. B. A journalist quotes a paragraph from a book in a review of the book. C. A student copies a photograph of his favorite band from a website created by the band's record label and places it on the student's personal website. D. Google posts thumbnail images of books in the Google Book Search Project.
Which of the following accounts is the most common example of cash basis accounting?
a. Personal checking account b. Buildings account c. Retained Earnings account d. Prepaid Salary account