After making four quarterly estimated payments of $3,500, a corporation's actual income tax liability for the year is $17,200 . The year-end adjusting entry would require
a. a debit to Income Tax Payable for $3,200.
b. a debit to Cash for $3,200.
c. a credit to Cash for $3,200.
d. a debit to Income Tax Expense for $3,200.
d
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The evidence on core self-evaluations shows that your concept of self-worth will likely translate into ______.
A. narcissism B. risk-taking C. net worth D. stress
Which of the following is NOT an advantage of establishing a long-term partnership?
A. Improved performance B. Improved innovation C. Risk is eventually transferred to the other party D. More efficient utilization of resources E. Reduced administration costs
What is the purpose of self-insurance?
A. Eliminate the risk B. Provide a means for covering losses C. Create high insurance costs D. Develop a new policy to be purchased by the insured
A layer is a collection of independent components
Indicate whether the statement is true or false