Will has been very meticulous in managing his employees. They have come to believe that he will do exactly what he says he will when he interacts with them. This is the concept of ____.
A. Sincerity
B. Trust
C. Purpose
D. Assurance
E. Desire
B. Trust
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Moving ________ carries risks. The new brand can cannibalize core brand sales and lower the core brand's quality image
A) up-market B) two ways C) one way D) down-market E) out-market
The sum of the cost variances and efficiency variances equal ________.
A) the static budget variance B) the flexible budget variance C) the difference between the flexible budget and the static budget D) the difference between the static budget and the previous year's actual results
During the week ended June 15, Wiley Automotive's employees earned $2,000 of gross wages and had $300 of federal income tax withheld. All of their employees had already earned over $7,000 of gross wages for the year so none of their wages were subject to FUTA or SUTA tax. However, all of their wages were still subject to Social Security tax of 6.2% and Medicare tax of 1.45%. The journal entry to record Payroll Tax Expense for the pay period would be:
A.
Payroll Taxes Expense | 453 | |||
Employee Income Tax Payable | 300 | |||
Social Security Tax Payable | 124 | |||
Medicare Tax Payable | 29 | |||
B.
Payroll Taxes Expense | 153 | |||
Social Security Tax Payable | 124 | |||
Medicare Tax Payable | 29 | |||
C.
Social Security Tax Payable | 124 | |||
Medicare Tax Payable | 29 | |||
Payroll Taxes Expense | 153 | |||
D.
Payroll Taxes Expense | 414 | |||
Social Security Tax Payable | 124 | |||
Medicare Tax Payable | 290 | |||
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