The journal entry to record employer payroll taxes affects:
A. assets only.
B. assets and liabilities.
C. liabilities and stockholders' equity.
D. liabilities only.
Answer: C
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An investment is classified as short term or long term based on
A) whether the investment can be sold immediately. B) the length of time the investor expects to hold it. C) the purpose for which it is held. D) the dollar amount of the investment.
In a deductive outline, the most important information should be
a. placed at the end of the message. b. placed at the beginning of the message. c. positioned in the middle of the message. d. introduced after a brief pleasantry.
An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as:
A. Mandatory arbitration agreement B. Grievance waiver C. Arbitration waiver D. Mandatory grievance agreement
Which of the following is an example of an equity alliance:
a. Joint venture b. Long-term supply relationship c. Licensing arrangement d. Distribution agreement