Senator Smith and other politicians want to restrict the flow of technologically advanced products and data from the United States to other countries. To restrict or encourage exports, Congress can

A. do nothing.
B. assess antidumping duties.
C. impose export taxes.
D. set export quotas.


Answer: D

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Amy's gross pay for the week is $870.00. Her deduction for federal income tax is based on a rate of 25%. She has voluntary deductions of $245.00. Her year-to-date pay is under the limit for OASDI. What is her net pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. (Round all calculations to the nearest cent.)

A) $407.50 B) $652.50 C) $585.94 D) $340.94

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The amount borrowed initially and the market value of a note or bond at any date subsequent to the initial borrowing equals

a. the sum of the future cash flows. b. the present value of the future, or remaining, cash flows discounted at an appropriate interest rate. c. the future cash flows discounted at the initial market interest rate. d. the future cash flows discounted at the subsequent market interest rate. e. the future value of present cash flows discounted at an appropriate interest rate.

Business

Which of the following is not one of the policies and procedures that make up an internal control system?

A. Urge adherence to company policies. B. Promote efficient operations. C. Ensure reliable accounting. D. Guarantee a return to investors. E. Protect assets.

Business

The key federal statute regulating the credit and credit-card industries is basically a disclosure law.

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

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