How do post-tax deductions differ from pre-tax deductions?
What will be an ideal response?
Pre-tax deductions reduce the amount of federal, sometimes FICA, taxes that the employee pays. Post-tax deductions do not reduce the tax liability.
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The difference between the speed at which humans speak and the speed at which humans can comprehend is known as the speech–thought differential. What are the speeds of speech and of comprehension in words per minute (wpm)?
A. 150–200 wpm, 400–600 wpm B. 200–25 wpm, 300–400 wpm C. 75–125 wpm, 400–600 wpm D. 150–200 wpm, 300–400 wpm
On January 1, a company issues bonds dated January 1 with a par value of $300,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $312,177. The journal entry to record the issuance of the bond is:
A. Debit Cash $312,177; credit Premium on Bonds Payable $12,177; credit Bonds Payable $300,000. B. Debit Cash $300,000; debit Premium on Bonds Payable $12,177; credit Bonds Payable $312,177. C. Debit Cash $312,177; credit Discount on Bonds Payable $12,177; credit Bonds Payable $300,000. D. Debit Cash $312,177; credit Bonds Payable $312,177. E. Debit Bonds Payable $300,000; debit Bond Interest Expense $12,177; credit Cash $312,177.
Using senior executives to develop a forecast is referred to as?
a. Consumer surveys b. Delphi method c. Jury of executive opinion d. Sale force estimates
Risk can be apportioned as financial and business risk. Financial risk and business risk are related in that as business risk increases so does financial risk, although the correlation between the two is not perfect.?
Answer the following statement true (T) or false (F)