Why do banks typically assess service charges?

A) For handling a customer's checking account.
B) For a customer using the bank's ATM machines.
C) For a customer withdrawing funds from a checking account.
D) To offset the interest earned by a customer.


A

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Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social Security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent

8,000 The journal entry to record the monthly payroll on September 30 would include a A) debit to Salaries Expense for $24,000. B) debit to Salaries Payable for $24,000. C) credit to Salaries Payable for $24,000. D) debit to Salaries Expense for $9,000.

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What class of stock do S corporations and LLCs have?

a. Common b. Preferred c. Diluted d. Inflated

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The linear programming model for any two dimension cases is relevant to companies in which these two dimensions are significant factors in their direct marketing campaigns

a. True b. False

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Ashley, a fashion photographer in a magazine, is not the most hardworking, talented, or efficient member in her team. However, during performance appraisals, the team leader gives her the best ratings because he is extremely fond of her. In the context of performance appraisals, which of the following does this scenario best illustrate?

A. Halo effect B. Positive leniency C. Employee separation D. Negative leniency

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