Only people that earn wages from an employer must complete a tax return.

True

False

Which of the following is the best reason why cost accounting information does not need to be comparable to similar information in other organizations? A) Because no publicly traded companies use cost accounting.

Suppose that nominal GDP was $10000000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11500000.00 in Orange County California. The price level rose 3.00% between 2005 and 2015, and population growth was 3.25%.

When the Fed changes the money supply, what does that then directly affect?

Normative and positive statements The following table contains statements that provide some analysis of policies that address breast cancer. Categorize each of them as positive or normative.

William and Carla file a joint tax return. Carla earned $26,000 during the year, while William attended law school full-time for 10 months and earned no income. They paid $3,500 for the care of their 3-year-old child, Carl.

Product differentiation describes registered differences in product characteristics. only occurs when there is brand loyalty. provides an advantage in the market. is usually nonexistent.

Firm H has the opportunity to engage in a transaction that will generate $100,000 cash flow (and taxable income) in year 0.

Louis wrote a check of $100 to the electricity company. After a few days he received a Notice of Dishonor from the bank regarding the check he sent to the electricity company. Why did Brian receive a Notice of Dishonor? A. check was cleared B.

Based on counting the number of galaxies in a small patch of the sky and multiplying by the number of such patches needed to cover the entire sky, the total number of galaxies in the observable universe is estimated to be approximately: a.

Farmers successfully selecting for increased oil content in soybeans over many generations is an example of what type of selection?