PEOs typically charge a fee of at least 7 percent of payroll to a small business.

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


False

Rationale: For a fee of 2 to 6 percent of payroll, a PEO writes paychecks, takes care of payroll taxes, and files reports required by government agencies.

Business

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Exhibit 13-2 On January 1, 2017, the Clutz Company purchased 30% of the 1,000,000 shares of Nancy's common stock for $15,000,000 when 30% of Nancy's net assets totaled $12,000,000. The excess of purchase price over the underlying assets was attributable to undervalued depreciable plant assets with a remaining useful life of ten years. Nancy reported net income of $8,000,000 and paid cash

dividends of $2,000,000 during 2017. ? Refer to Exhibit 13-2. The investment in Nancy Company stock should be reported on Clutz's December 31, 2017, balance sheet at A) $15,000,000. B) $15,600,000. C) $16,500,000. D) $17,400,000.

Business

Which of the following sources of recruitment concentrates on high-level, or executive, recruiting?

A. Campus recruiter B. Employee leasing company C. Temporary help agency D. Headhunter

Business

A U.S. court will likely uphold a contract created in the United Kingdom because the U.K.’s laws are generally compatible with those of the United States.

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

Business

Office and desk searches are:

A. prohibited by the Fourth Amendment. B. limited by reasonable expectations of privacy. C. prohibited where the office and desk are locked. D. limited only in government workplaces.

Business