Which of the following payments is a tax?
I.Artis paid the IRS a penalty of $475 (above his $11,184 income tax balance due) because he had significantly underpaid his estimated income tax.II.Lindsey paid $135 to the state of Indiana to renew her CPA license.III.Carrie paid a $3.50 toll to cross the Mississippi River.IV.Darnell paid $950 as property tax that applies to all property owners, and all school children will benefit from it.
A. Only statement IV is correct.
B. Only statement III is correct.
C. Statements II and IV are correct.
D. Statements I, II, and III are correct.
E. Statements I, II, III, and IV are correct.
Answer: A
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Reversing entries make possible the entering of the transactions of the succeeding accounting period in a routine manner
a. True b. False Indicate whether the statement is true or false
NAFTA is a free trade zone comprising of which of the following countries?
A) Canada, Mexico, and South America B) Canada, Mexico, and Peru C) Mexico, South America, and the United States D) Canada, Mexico, and the United States E) Canada, Japan, and the United States
What is a disadvantage of external recruiting?
A. An internal candidate may have better qualifications for the job opening B. The pool of applicants will vary based on the size of the labor market C. The pool of applicants is significantly smaller than in internal recruiting D. The candidate may look good on paper but have no organizational experience E. Success at one company doesn’t necessarily mean success at another company
What can be sold as unit sales?
a. food and beverages b. digital products c. software support offered by the hour d. all of these