Social security taxes are asource of revenue for the U.S. federal government.

Answer the following statement true (T) or false (F)


True

Social security taxes are a source of revenue for the U.S. federal government. If revenue is higher than spending, the government incurs a budget surplus. See 2-2: Managing the Economy through Fiscal and Monetary Policy

Business

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After management has set short-term goals, the budgeting process typically starts with

a. a clearly defined timetable of events. b. input only from the accounting personnel. c. the naming of an efficient coordinator or director. d. a set of procedures or instructions.

Business

An inflation guard endorsement will

A) protect you from a decline in housing prices by ensuring that you can resell your home for at least as much as you paid for it. B) protect you from a rise in housing prices by ensuring that you can resell your home for the initial purchase price plus an adjustment for inflation. C) periodically increase your dwelling protection to reflect increases in replacement cost. D) increase the co-insurance percentage in the replacement cost provision.

Business

By making a succession planning list public, high-potential employees who are not interested in other positions can communicate their intentions.

Answer the following statement true (T) or false (F)

Business

A(n)________ system is a suite of applications, a database, and a set of inherent processes for managing all the interactions with the customer, from lead generation to customer service.

A. business process reengineering B. customer pomological network C. customer relationship management D. enterprise resource planning E. customer lifecycle management

Business