Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher. b. Be lower. c. Stay the same. d. Cannot tell. e. Be variable.

Employers bond employees who handle cash receipts because fidelity bonds reduce the possibility of employing dishonest individuals and Deter dishonesty by making employees aware that insurance companies may investigate and prosecute dishonest acts.

Under the Age Discrimination in Employment Act, to maintain a valid claim, the replacement employee must be substantially younger than the terminated employee and must be a member of a recognized protected class. a. True b. False

To compute federal income tax to be withheld: A. Use the net earnings and number of allowances B. Use the gross earnings, number of allowances and martial status C. use net earnings and form w-4 D. None of the above

What is a private limited company

Acme Co. has just completed the incorporation process and received its articles of incorporation from the state. At the first organizational meeting of the new company, the officers' most important task is to: a. adopt bylaws. b.

Carol takes out an insurance policy on her car. Carol can assign her policy to a third party

What's the purpose of a revenue tariff? A. To pay for specific social-support programs. B. To tax lower income people at a higher rate. C. To raise money for the government. D. To retaliate against protective tariffs.

The managers of Rug Emporium, a large rug store, decide to have a sale. The store manager works with the advertising department to make the public aware of the sale, with department managers to schedule enough salespeople to handle the increased

Brief Exercise 8-06 The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds cash on hand by $50.75.

When you go to a food store, how many items do you typically buy you did not intend to buy? how might this affect a food budget?