Davis and Thompson have earnings of $850 each. The social security tax rate is 6% and the Medicare tax rate is1.5%. Assuming that the payroll will be paid on December 29, what will be the employer's total FICA tax for thispayroll period?
a. $102.00
b. $127.50
c. $96.00
d. $25.50
b
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The factory supplies account is adjusted for supplies used during the year by
a. debiting Factory Supplies and crediting Factory Supplies Expense; b. debiting Factory Supplies Expense and crediting Factory Supplies; c. debiting Office Supplies Expense and crediting Factory Supplies Payable; d. debiting Factory Supplies and crediting Factory Overhead; e. none of these
An accountant may be forced by a subpoena to make available to the Internal Revenue Service (IRS) working papers involving a client who is being investigated.
Answer the following statement true (T) or false (F)
Jan Carlzon, the former CEO of Scandinavian Airlines System, used the ____________ metaphor as a reference point for transforming the airline into a customer-driven business
a. service-perspective b. comparative-analysis c. systems-of-exchange d. moment-of-truth e. great-wall
For the nonprofit organization, cause-related marketing or alliances create a risk that
a. it may incur additional expense b. the public may view its actions as cynical c. its image may suffer if it is not candid d. there can be backlash if the partnership doesn't fit with the corporation's core product and service offerings e. cash donations could decline because of the perception that the nonprofit is "being taken care of" by the corporate