In QuickBooks, time data is listed on customer invoices using the:
A. Pay Sales Taxes icon
B. Pay Employees button
C. Timesheet icon
D. Time/Costs button
Answer: D
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All of the following involve a temporary difference for purposes of income tax allocation except?
A) ?revenues or gains that are included in pretax financial income prior to the time they are included in taxable income. B) ?expenses or losses that are deducted to compute taxable income prior to the time they are deducted to compute pretax financial income. C) ?revenues or gains that are included in taxable income prior to the time they are included in pretax financial income. D) ?deductions that are allowed for income tax purposes but that do not qualify as expenses under generally accepted accounting principles.
Commodity IT assets easily acquired in the marketplace and should be outsourced under the core competency theory
Indicate whether the statement is true or false
An employee earned $42,300 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:
A. $3235.95. B. $613.35. C. $6471.90. D. $2622.60. E. $0, since the FICA tax is only deducted from an employee's pay.
Pizza from a restaurant and pizza from the freezer of the grocery store cannot be compared
A) fragment B) run-on C) comma splice D) correct sentence