The data flow between "prepare paychecks" and "prepare disbursement voucher" is the ______________________________

Fill in the blank(s) with correct word


payroll register

Business

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After all closing entries have been entered and posted, the balance of the Income Summary account will be zero

Indicate whether the statement is true or false

Business

Beck rights allow union workers to pay only that portion of union dues that goes to:

A. Contract negotiations and administration B. Union organizing and advertising C. Political lobbying D. Union education campaigns

Business

A majority of states have enacted off-the-job privacy protection laws. What is the LEAST effective argument by an employer to regulate off-the-clock activities in a state that has not enacted such lifestyle rights legislation?

a. It will provide a healthy work force. b. Unregulated employees are less productive. c. There is no invasion of privacy since the employee is "at will.". d. It will prevent higher health care and insurance costs.

Business

A corporation has decided to replace an existing asset with a newer model. Two years ago, the existing asset originally cost $70,000 and was being depreciated under MACRS using a five-year recovery period. The existing asset can be sold for $30,000

The new asset will cost $80,000 and will also be depreciated under MACRS using a five-year recovery period. If the assumed tax rate is 40 percent on ordinary income and capital gains, the initial investment is ________. A) $48,560 B) $44,360 C) $49,240 D) $27,600

Business