A stream of equal cash payments made at equal time intervals is called a(n) ________.

A) present value
B) annuity
C) compound interest
D) future value


B) annuity

Business

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Since service desks perform different functions and support different industries, there are not common categories for data captured.

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

Business

CASE 13.2, EEOC v. Abercrombie & Fitch Stores, Inc (2013) involved a question of whether a clothing retailer violated Title VII when it refused to hire a Muslim woman-applicant because she wore a head scarf in violation of its company dress code, and whether the applicant gave proper notice of a religious accommodation. How did the court rule?

a. That the employer did not violate Title VII because the employer did not have to accommodate the wearing of the scarf because wearing the scarf involved a cultural practice, not a practice required by the potential employee's religion. b. That the employer did not violate Title VII because the employer did not have to accommodate the wearing of the scarf because the employer established that it did not involve a sincerely held religious belief on the part of the potential employee. c. That the employer did not violate Title VII because the employer did not have to accommodate the wearing of the scarf because such accommodation would place an undue hardship on the employer. d. That the employer did not violate Title VII because the applicant failed to give proper notice of a religious accommodation.

Business

Both traditional IRAs and Roth IRAs are tax-exempt accounts.

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

Business

Claim of right states that income has been realized if a taxpayer receives income and there are substantial restrictions on the taxpayer's use of the income.

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

Business