Which of the following statements regarding employee versus independent contractor status is false?
A. The determination as to whether a worker is an employee or an independent contractor is based on a subjective set of guidelines.
B. The IRS has a higher probability of collecting income and payroll taxes from an independent contractor than from an employee.
C. An employer has a financial incentive to classify a worker as an independent contractor instead of an employee.
D. If the IRS reclassifies a worker from independent contractor to employee, the employer can become liable for the employee's share of unpaid payroll taxes.
Answer: B
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Nissan's earlier vehicles were difficult to start in many parts of the United States during the cold winter months. In northern Japan, it was customary for many car owners to put blankets over the hoods of their cars during winter months
Nissan's assumption was that Americans would do the same thing. This is an example of: A) ethnocentric orientation. B) polycentric orientation. C) regiocentric orientation. D) geocentric orientation. E) geopolitic orientation.
Ratings of video games are promulgated by which board:
A. ESRB B. SPCA C. UAAA D. BRSE
When marginal cost is equal to marginal revenue, the firm should
A. produce more to increase profits. B. produce less to decrease total costs. C. stop producing additional units to maximize profits. D. provide discounts to encourage purchases. E. intensify distribution to increase sales.
The trend analysis report of Marshall, Inc is given below (in millions) 2018 2017 2016 2015 2014 Net income $680 $607 $457 $405 $399 Trend percentages 170% 152% 115% 102% 100% Which of the following is a correct conclusion from the above analysis?
A) Net income for 2016 has increased by 115% over that for 2014. B) Net income for 2016 has decreased by 15% over that for 2014. C) Net income for 2016 has decreased by 115% over that for 2014. D) Net income for 2016 has increased by 15% over that for 2014.