The payment of salaries and wages decreases cash and increases a(n)_____________

Fill in the blank(s) with correct word


expense

Business

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Vested benefits are

A) estimated benefits. B) benefits to be received as a lump-sum payment. C) benefits that will be lost when employment is terminated. D) benefits the employee has the right to receive even if the employment is terminated.

Business

Which of the following statements is true concerning cross-tabulations with two variables?

A) Cross-tabulation with two variables is also known as bivariate cross-tabulation. B) Because two variables have been cross-classified, percentages could be computed either column-wise, based on column totals, or row-wise, based on row totals. C) The general rule is to compute the percentages in the direction of the independent variable, across the dependent variable. D) All of the above statements are true.

Business

Assume that Trader Pete's, an organic food retailer in the United States, recently purchased a new refrigeration system for its Washington, DC, store. Trader Pete's paid $1.3 million for the refrigeration unit and paid an additional $120,000 to modify the unit to meet its specific needs. Trader Pete's paid $55,000 for the transportation and installation of the unit, plus $48,000 for an annual

insurance premium for the first year, which begins next month. Finally, assume that Trader Pete's hired a refrigeration technician, who is charged with the maintenance of the unit; that technician's annual salary is $80,000 . How much should Trader Pete's record as the acquisition cost of the refrigeration unit? a. $1,300,000 b. $1,420,000 c. $1,475,000 d. $1,523,000 e. $1,603,000

Business

If a statute requires a "hearing," that hearing is required to be a trial-type hearing

a. True b. False

Business