Which of the following could be considered a part of a retailer's Product decisions?

A. after-sale service
B. publicity through posting on Facebook
C. frequency and level of sales prices
D. number of salespeople
E. number and location of stores


Answer: A

Business

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Doug, an employee of Cayman Travels Company, has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500, and thus subject to FICA. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. Provide the journal entry to record the employer's payroll taxes. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Omit explanation.

What will be an ideal response?

Business

Norman, the owner of CompuTex, recently installed computers at Harding Industries. Norman recommended that the Harding Industries office manager contact Computer Services, Inc. to schedule a computer training class for Harding's employees. This is an example of the ________ method of prospecting.

A. networking B. endless chain C. preapproach D. center of influence E. observation

Business

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

Previous accounting standards have used a revenue-expense approach to pension accounting, which emphasizes the recognition and measurement of annual pension cost.

Business

Changing labor utilization through varying work hours or number of employees is the goal of ________.

A. procedural flexibility B. functional flexibility C. employment flexibility D. pay flexibility

Business