For which product category do 40% of shoppers spend half their money on private label brands?
A. personal care products
B. clothing
C. cleaning products
D. medication
E. groceries
Answer: E
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An accountant cannot be held liable for aiding and abetting misleading information if the information were prepared by others.
Answer the following statement true (T) or false (F)
Which sentence uses correct capitalization?
A) Because I switched my major after the Fall 2016 semester, I now will be on the five-year plan. B) Some college students spend their Spring vacations in Florida or Mexico. C) Many ski resorts experienced record snowfalls this past Winter.
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8988. The FICA tax for social security is 6.2% of the first $127,200 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1491.37. Her net pay for the month is: (Round your intermediate calculations to two decimal places.)
A. $6939.37 B. $7700.21 C. $6375.04 D. $6753.04 E. $6809.04
Carlos is the manager of a graphic design firm, and he relies on a top-down strategic management approach to maintain tight control over the activities of his employees. The company has recently started to lose market share to its more innovative competitors, and Carlos wants to encourage his employees to start contributing to the strategy formulation process to make the company more competitive. Which of the following steps should Carlos take?
A. Schedule individual meetings with employees and demand that they come prepared with five ideas. B. Designate Friday afternoons as time for employees to pursue outside interests loosely related to the business. C. Take an extended vacation and see how the business naturally reorganizes itself in his absence. D. Allow employees to take whatever approach they feel is appropriate when dealing with customers.