A(n) ________ is a tax-deferred retirement plan that is essentially the same as a 401(k) plan, except that it is aimed at employees of schools and charitable organizations
A) 404(a)
B) 402(b)
C) 403(b)
D) 007(a)
E) none of the above
Answer: C
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Individuals with access authority to general ledger accounts should not prepare journal vouchers
Indicate whether the statement is true or false
A company had no office supplies available at the beginning of the year. During the year, the company purchased $300 worth of office supplies. On December 31, $90 worth of office supplies remained. How much should the company report as office supplies expense for the year?
A. $90. B. $300. C. $190. D. $390. E. $210.
The Credit Card Fraud Act prohibits which of the following practices?
a. Possessing unauthorized cards. b. Counterfeiting or altering credit cards. c. Using accounts numbers alone. d. Using cards obtained from a third party with his consent when the third party conspires to report the cards as stolen. e. All of these are prohibited.
Promoting high-calorie/low-nutrient foods with inadequate information about the risks is a(n) _____ practice.
A. legal but unethical B. illegal and unethical C. legal and ethical D. illegal but ethical