A trust is invalid if a beneficiary lacks capacity
Indicate whether the statement is true or false
False
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The following totals for the month of June were taken from the payroll register of Young Company: Salaries expense $15,000 Social security and Medicare taxes withheld 1,125 Income taxes withheld 3,000 Retirement savings 500 Salaries subject to federal and state unemployment taxes of 6.2 percent 4,000 The entry to record the accrual of employer's payroll taxes would include a debit to
a. Payroll Tax Expense for $2,498 b. Social Security and Medicare Tax Payable for $2,250 c. Payroll Tax Expense for $1,373 d. Payroll Tax Expense for $1,125
The sentence "The marketing research was conducted by Judith" uses active voice
Indicate whether the statement is true or false
What is the effect of outsourcing?
Emery Products is deciding whether to outsource the production of a certain component that is included in all of its products. It currently costs Emery Products $1.20 to make each component in-house. If Emery Products outsources, it can buy the component ready-made for $0.90 each and can shut down the production facilities it is currently using to manufacture the component and save $20,000 a year in fixed costs. Annual requirement for the component is 12,000 units.
In queuing models, we make several assumptions about the arrival pattern of customers. Which of the following is NOT one of those assumptions?
a. Customers will patiently wait in line for their turn to receive service. b. Customers will switch lines to whichever line is moving fastest. c. Customers will not leave the waiting line. d. Customers will not refuse to join the line (balk).