A project is represented by the activity durations (estimated at 90% likelihood of completion) and precedence requirements shown in the table
What is the length of the project buffer if this project is managed using critical chain methodology?
Activity Predecessor Length Activity Predecessor Length
A -- 20 D B 16
B A 20 E C 8
C A 10 F D, E 8
A) 4.5
B) 11.5
C) 20.5
D) 16
D
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Slaton Services' payroll register reported the following earnings and deductions: Current total earnings, $1,988.06 Federal income tax, $280.17 State income tax, $56.03 Social security tax, $123.26 Medicare tax, $28.83 The journal entry to record the payroll would include a
a. debit to Employees' Federal Income Tax Payable, $280.17. b. credit to Wages Expense, $1,499.77. c. debit to Wages Expense, $1,499.77. d. credit to Wages Payable, $1,499.77.
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Indicate whether the statement is true or false
According to Exhibit 1.6, which of the following is true regarding typical requirements placed on employers mandating the provision of employee benefits?
a. Employers are typically required to provide workers' compensation, to pay unemployment insurance, and to pay social security and Medicare taxes. b. Employers are typically required to pay unemployment insurance and to pay social security and Medicare taxes, but employers are not required to pay workers' compensation insurance. c. Employers are typically required to pay workers' compensation insurance and to pay social security and Medicare taxes, but employers are not required to pay unemployment insurance. d. Employers are typically required to provide workers' compensation and to pay unemployment insurance, but employers are not required to pay social security and Medicare taxes.
Explain how accounts are used in recording information about a business's transactions.
What will be an ideal response?