Ms. Walter, age 70, is thinking about going back to work part-time. She knows that the wages may affect the taxability of her Social Security benefits. What is the maximum percentage of Social Security benefits that could become taxable?

A. 85%
B. 50%
C. 0%
D. 100%


Answer: A

Business

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The heading of an adjusted trial balance contains the heading "For the Month Ended December 31, 2008."

Indicate whether the statement is true or false

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Mary works in the public relations department of New Trends Sales Company. Her job includes portraying New Trends's activities in their best light. In this context, ethics consist of

a. a different set of principles from those that apply to other activities. b. the same moral principles that apply to non-business activities. c. those principles that produce the most favorable financial outcome. d. whatever saves New Trends's "face.".

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The sentence for a criminal offense may be

a. a fine. b. a prison term. c. community service. d. all of these.

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Reliance on an "expert's" statement of opinion may be the basis for an action based on fraud.

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

Business