If an employer has been approved for a voluntary protection program, then the employer's company is not inspected for three years.
Answer the following statement true (T) or false (F)
False
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Angie's gross pay for the week is $970.00. Her deduction for federal income tax is based on a rate of 20%. She has voluntary deductions of $220.00. Her year-to-date pay is under the limit for OASDI. What is the amount of FICA-Medicare Tax deducted from her pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.)
A) $194.00 B) $14.07 C) $60.14 D) $268.21
Which of the following does not represent an outflow of cash and therefore would not be reported on the statement of cash flows as a use of cash?
A) purchase of noncurrent assets B) purchase of treasury stock C) discarding an asset that had been fully depreciated D) payment of cash dividends
Which of the following is NOT true about the durability of money?
a. The average dollar bill is in circulation for three years. b. Coins make the paper money more divisible. c. Whatever is used cannot act effectively as a store of value if it does not last. d. Paper money maximizes portability. e. Paper money and coins are very durable; they last a long time.
Although researchers are increasingly using electronic data, you should learn to also use print resources because A) electronic sources are never considered as reliable as books and magazines
B) print sources provide primary data and electronic sources provide secondary data. C) some data is available only in print. D) audiences respect only writers who include data from print sources.