John supports Kevin, his cousin, who lived with him throughout 2018. John also supports three other individuals who do not live with him: Donna, who is John's mother Melissa, who John's stepsister Morris, who is Kevin's brotherAssume that Donna, Melissa, Morris, and Kevin each earn less than $4,150. How many dependents can John claim?

A. 1
B. 2
C. 3
D. 4


Answer: C

Business

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For NAICS, each country can add additional detailed industries, provided the additional detail aggregates to the NAICS level

Indicate whether the statement is true or false

Business

The balance in Locksome Company's accounts payable account at December 31 . 2014, was $1,100,000 before considering the following information: • Goods shipped FOB shipping point on December 20, 2014, from a vendor to Locksome were lost in transit. The invoice cost of $20,000 was not recorded by Locksome. On January 6, 2015, Locksome filed a $20,000 claim against the common carrier. • On

December 27, 2014, a vendor authorized Locksome to return, for full credit, goods shipped and billed at $35,000 on December 2, 2014 . The returned goods were shipped by Locksome on December 27, 2014 . A $35,000 credit memo was received and recorded by Locksome on January 6, 2015. What amount should Locksome report as accounts payable in its December 31 . 2014, balance sheet? a. $1,120,000 b. $1,115,000 c. $1,085,000 d. $1,065,000

Business

The customer benefit approach is most useful when the salesperson:

A. sells newly redesigned products. B. sells a complex, technical product. C. knows the prospect's critical needs. D. develops a lengthy sales presentation. E. calls on a new, unfamiliar prospect.

Business

Which of the following is NOT a stakeholder?

a. a business competitor. b. shareholders. c. employees. d. customers.

Business