Which item below would most likely not favor buying (versus renting) a personal residence?

A)

You expect inflation to increase.
B)

You expect an increase in income taxes.
C)

You expect mortgage rates to rise.
D)

You anticipate relocating frequently because of your job.


D

Business

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The Dividends account bypasses the Income Summary account when it is being closed

Indicate whether the statement is true or false

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Anish needs to convince her employee to work through lunch today on a big project. Anish has a very direct communication style and her employee does not. What is the best strategy for Anish to influence her employee on this issue?

a. Try to frame her argument using her employee’s communication style. b. Hint to her employee that such an action may be necessary. c. Be blunt and to the point in asking her employee to work through lunch. d. First, teach the coworker to use a more direct communication style.

Business

If a state collects unemployment taxes, then federal unemployment taxes are offset by up to:

A) 50% B) 70% C) 90% D) 100%

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Which of the following is not true regarding cash advances on credit cards?

A) They are treated just like other charges on your credit card. B) There is a charge for interest from the time you take the advance to the time you pay it off. C) There is also a transaction fee on most cash advances. D) The grace period does not apply to cash advances.

Business