________ is not affected in the static and flexible budget
a. Total direct material
b. Total direct labor
c. Total variable overhead
d. Factory rent
d
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Medicare taxes are paid by both the employee and the employer
a. True b. False Indicate whether the statement is true or false
People who have learned and adopted digital technologies later in life, as opposed to being exposed to those technologies during childhood, are known as ______.
a. digital immigrants b. media amateurs c. digital natives d. computer immigrants
Lawrence, an employee of Light, Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500, and thus subject to FICA. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. Which of the following is a part of the journal entry to record the employer's payroll taxes?
A) debit to Payroll Tax Expense B) debit to FICA Taxes Payable C) credit to Payroll Tax Expense D) debit to Cash
A company that engages in unethical behavior may suffer severe consequences
a. True b. False Indicate whether the statement is true or false