Under the Sarbanes-Oxley Act of 2002, accountants must dispose of working papers relating to an audit or review.

Answer the following statement true (T) or false (F)


False

Business

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In some organizations, employees "punch" in and out of work by swiping an employee identification card through or by a(n) ______________________________

Fill in the blank(s) with correct word

Business

RGD Corporation was a C corporation from its inception in 2014 through 2018. However, it elected S corporation status effective January 1, 2019. RGD had $50,000 of earnings and profits at the end of 2018. RGD reported the following information for its 2019 tax year.DescriptionAmountConsulting revenue$99,000 Salary to owners (40,000)Employee wages (30,000)Depreciation expense (5,000)Municipal bond interest 6,000 Interest income 42,000 Dividend income 25,000 Overall net income$97,000 What amount of excess net passive income tax is RGD liable for in 2019? Assume the corporate tax rate is 21%.

What will be an ideal response?

Business

The two ends of the customer satisfaction/loyalty relationship are terrorist and apostle

Indicate whether the statement is true or false

Business

In product line pricing, the escalation of product prices up the product line does not depend on prices competitors are charging for similar products.

Answer the following statement true (T) or false (F)

Business