Comment on your level of knowledge to prepare your taxes. Do you need to hire a CPA or can you prepare them? Are you going to invest in any software that helps you prepare your return?
What will be an ideal response?
Answer: You have the basic knowledge to prepare your tax return. An expert is not necessary unless you have a complicated return. There are many software packages available at a reasonable cost that can help you prepare your taxes.
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Which of the following is not a duty of the cost accountant in a process cost system?
a. Estimating the stage of completion of in-process units at the end of the month. b. Collecting the periodic production costs. c. Preparing the journal entries to record the factory operations. d. Computing the amount of equivalent units.
The Federal Trade Commission (FTC) prohibits prerecorded telemarketing sales calls unless the consumer has expressly agreed, in writing, to receive them.
Answer the following statement true (T) or false (F)
Which characteristic of successful teams relates to team members being willing to dedicate effort an energy to the team?
a. A clear, elevating goal. b. A results-driven structure. c. Competent members. d. Unified commitment.
If a company registers its trademark under the Lanham Act, the registration is good for:
a. one year b. five years c. twenty years d. until revoked by the Trademark Office e. none of the other choices