How might robotics be used in the future and why would companies want to use robots?
What will be an ideal response?
Robotics will likely be the next big area of technological expansion. Even now, companies are introducing robotics into areas outside of manufacturing. The strategic implications of a robotic workforce cannot be understated. Robots don't require health care, time off, vacations, breaks, sick days, or workman's compensation. They don't join unions, get mad, sue their employer, harass coworkers, or drink on the job. They also work 24 hours a day without a paycheck! Combine that with a great AI like IBM's Watson, and you've got an entirely different workforce. By 2029 we may understand "labor" in an entirely different way.
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The ability of a company to adapt its resources to create change and react to change is called
A) financial flexibility. B) return on investment . C) operating capability. D) risk .
Why the residual value of equipment is relevant when considering the replacement of equipment?
Delivery expense is reported as part of general and administrative expense in the seller's income statement.
Answer the following statement true (T) or false (F)
Match each of the following terms a through j with the appropriate definitions 1-10.a. FUTA taxesb. Contingent liabilityc. Merit ratingd. Long-term liabilitye. Estimated liabilityf. Net payg. Wage bracket withholding tableh. Warrantyi. Withholding allowancej. FICA taxes_____ 1. A measure provided by a state to employers that reflects a company's stability in employing workers._____ 2. Taxes that fund Social Security and Medicare, assessed on both employer and employees under the Federal Insurance Contributions Act._____ 3. Known obligations of an uncertain amount that can be reasonably estimated._____ 4. Obligations of a company requiring payment after one year or operating cycle if longer._____ 5. Gross pay less all tax and voluntary deductions._____ 6. A
table of amounts of income tax to be withheld from employees' wages._____ 7. A potential obligation that depends on a future event arising from a past transaction._____ 8. A seller's obligation to replace or fix a product or service that fails to perform as expected within a specified period._____ 9. A number indicated on an employee's Form W-4 that is used to reduce the amount of federal income tax withheld from an employee's pay._____10. Payroll taxes on employers assessed by the federal government to support the federal unemployment insurance program. What will be an ideal response?