Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15, 2010 . Payment occurs on January 20. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% The entry on January 20 would be a debit to
a. Salaries Payable and a credit to Cash.
b. Salaries Payable and a credit to Salaries Expense.
c. Salaries Expense and a credit to Cash.
d. Salaries Expense and a credit to Salaries Payable.
A
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Which of the following statements concerning reaffirmation agreements is true?
A. Reaffirmation agreements must be made before a discharge in bankruptcy is granted. B. Reaffirmation agreements are unlawful under the Bankruptcy Act. C. Reaffirmation agreements cannot be rescinded prior to discharge or within 60 days after filing with the court. D. A debtor cannot voluntarily pay any dischargeable obligation without entering into a reaffirmation agreement.
Organizational integrity rests on a concept of purpose, responsibility, and ideals for an organization as a whole. An important responsibility of leadership is to create this ethical framework and develop the organizational capabilities to make it operational. Discuss the differences between the compliance-based approach and the integrity-based approach to organizational ethics.
What will be an ideal response?
Manuel has a $717.89 checkbook balance. His bank statement shows a $509.56 balance and an $8 service charge. His outstanding checks total $112.23. The deposit from his paycheck for $345 is also outstanding. What is his adjusted checkbook balance? Does it reconcile with the adjusted bank statement balance?
Charles Handy argued for which of the following ideas?
a. There should be more government intervention when CSR is lacking. b. Firms should seek societal goals beyond making profits. c. Market forces should not play a role in CSR. d. CSR is not a proper concern of companies.