Under which circumstances could the percentage method be used to determine federal income tax withholding amounts?
What will be an ideal response?
a. When the employee's taxable income exceeds the maximum amount on the appropriate wage-bracket table.
b. When using a computerized accounting system to compute payroll deductions
c. When computational accuracy is critical
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Private foundations are usually funded by ______.
A. the U.S. Congress B. a single donor C. community organizations D. a vast number of corporate sponsors
Goods in transit shipped FOB shipping point should be included in the seller's ending inventory
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