The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $13,000 Social security and Medicare Taxes withheld 975 Income Taxes withheld 2,600 Retirement Savings 500 Salaries subject to federal and state unemployment taxes of 6.2 percent 4,000 The entry to record the accrual of employer's payroll taxes would include a
A) debit to Payroll Taxes Expense for $1,223
B) credit to Social Security and Medicare Tax Payable for $1,950
C) debit to Payroll Taxes Expense for $248
D) Debit to Payroll Tax Expense for $975
A
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Which of the following would best support your ability to negotiate a starting salary?
A) wearing business attire during the negotiation meeting B) understanding all your strengths and weaknesses C) market demand for your skill set D) dollar amounts of offers you have turned down E) your ability to call in a personal favor with those you know in the organization
______ advertising supports organizational images, ideas, and political issues while ______ advertising touts the uses, features, and benefits of goods and services.
A. Reminder; competitive B. Publicity; pioneer C. Institutional; reminder D. Advocacy; product E. Institutional; product
How would marketers most likely benefit from the consumer's right to be heard?
A. Consumers will tell others about their bad experience with the company. B. The company can use the information to make its products better. C. They gain valuable information about their competitors. D. Consumers will drop their complaints if companies hear them out. E. More information about the products can be posted online.
Since goodwill is an intangible asset, it is amortized each year using the straight-line method.
Answer the following statement true (T) or false (F)