If an employer fails to make payroll tax deposits on time, the firm will be penalized if the IRS finds evidence of ________.

A) Willful disregard
B) Inadvertent negligence
C) Incompetent reporting
D) Mistaken analysis


A) Willful disregard

Business

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A retailer with high inventory turnover is likely to have _____

a. high gross margin return on investment b. low operating costs c. low employee turnover d. high profits

Business

Special provisions that may be added to your policy which either provide extra benefits to the beneficiary or limit the company's liability under certain conditions are known as

A) alternative provisions. B) secondary provisions. C) riders. D) attachments. E) none of the above.

Business

Fishy BusinessDNA testing has revealed that sushi bar customers are not always getting what they pay for.  Scientists at the American Museum of Natural History tested fish from 31 sushi bars and found that the tuna coveted by many diners is often a cheaper substitute, a banned fish, or an endangered species.  This could be the result of an honest mistake in the supply chain, or it could be a deliberate attempt to deceive buyers.  However, researchers have uncovered a DNA ‘barcode' that can accurately identify the type of fish.  While still a ways off, the scientist who developed the tuna DNA barcode envisions a small device that can provide instantaneous species identification, which will result in restaurants ultimately providing what their customers are demanding and paying for.

Refer to Fishy Business. In the future, suppliers of fresh fish will be able to use electronic bar codes to verify the fish species for members of the supply chain. This information can be incorporated into the information technology used in the inventory management and control business process. This information technology is called: A. activity-based costing (ABC) B. electronic data interchange (EDI) C. benchmarking D. materials-handling system E. procurement

Business

The Government Job (Scenario)Colin was getting accustomed to his surroundings in a state government job. His efforts at getting people to accept change had met with little resistance due to his and the new director's efforts as well as the hard work of his subordinates. But now the hard part really started-actually managing the change. What techniques could he and his agency's new director employ to most effectively implement changes that would result in increased productivity in his department? He considered changing three aspects of his agency: the structure, the technology, and the people.If the new agency director decided to remove layers in the agency and increase the span of managerial control, this would be considered changing the ________.

A. structural design B. selection process C. degree of centralization D. structural components

Business