How do the payroll register and employees' earnings records connect with payroll tax determination and remittance?
What will be an ideal response?
1. Payroll register column totals contain information about pay period tax withholdings.
2. Employees' earnings records have pertinent information to determine individual taxable wage base attainment.
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Inverted numbers are known as ____________________ of each other
Fill in the blank(s) with correct word
Effective communication establishes credibility and builds trust
a. True b. False Indicate whether the statement is true or false
You want to evaluate three mutual funds using the Jensen measure for performance evaluation. The risk-free return during the sample period is 6%, and the average return on the market portfolio is 18%. The average returns, standard deviations, and betas for the three funds are given below. Average ReturnResidual Standard DeviationBetaFund A17.6%10%1.2Fund B17.5%20%1.0Fund C17.4%30%0.8The fund with the highest Jensen measure is
A. Fund A. B. Fund B. C. Fund C. D. Funds A and C (tied for highest). E. Funds A and B (tied for highest).
A negotiable instrument often used in trading goods that guarantees payment to the owner the instrument is known as (a):
a. bankers acceptance. b. payment guarantee. c. commercial paper. d. bankers payment. e. repurchase agreement.