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Questions in business

[Terjawab] Calculate the net pay for employee 1101. The overtime rate is time-and-a-half. | Empl | Hrs | OT | Rate | Gross | FIT | FICA | Health | Dental | Net | |---|---|---|---|---|---|---|---|---|---| | 0010 | 40 | 5 | $12 | $570.00 | $57.00 | $43.61 | $15 | $5 | | | 0011 | 40 | 0 | $16 | $640.00 | $64.00 | $48.96 | $15 | $0 | | | 1101 | - | - | $78,000 | $1,500.00 | $300.00 | $114.75 | $200 | $12 | | [?] Round to the nearest cent.

[Terjawab] An entrepreneur who aims at solving social problems while maintaining profitability is best described as: A) Industrialist B) Serial entrepreneur C) Drone entrepreneur D) Social entrepreneur

[Terjawab] The amount of money in a savings account is an example of which of the following? A. investment asset B. liquid asset C. long term asset D. use asset

[Terjawab] Sarah is planning to include new employees in her organization's group disability insurance policy. What provision should Sarah ensure is included in her group master policy to accommodate the addition of new employees? A. A statement about worker's compensation insurance B. A provision for the addition of new employees, members, or agents C. A clause limiting the number of insured members D. A provision for individual conversion policies

[Terjawab] Detailed and granular data can enable companies to micro-target their customers and to personalize their products and services. True False

[Terjawab] Elis' adoption credit exceeds his tax liability. What happens to the excess credit?

[Terjawab] Which section of a business report typically summarizes the main findings and recommendations? A. Methodology B. Conclusion C. Introduction D. Executive Summary

[Terjawab] Quadrant IV customers are the slowest of all transactions. A. True B. False

[Terjawab] Which of the following is a true statement regarding financial incentives? A. A business may use financial incentive practices that are unjust, unreasonable, coercive, or usurious in nature. B. If a business offers any financial incentives to consumers, it must describe them in its online privacy policy and in any California-specific description of consumers' privacy rights. C. A business is not required to provide consumers with an opt-in notice if it offers financial incentives. D. A business may obtain opt-in consent from a consumer after entering them into a financial incentive program.

[Terjawab] 7. From the following information regarding the year to 31 March 20X6, what are the current and quick ratios? Sales: NLE 5,320 Cost of sales: 10,420 Opening inventory: 3,200 Closing inventory: 4,100 Payables at 31 August 20X6: 3,121 Current ratio: A. 2.62, B. 2.62, C. 3.86, D. 4.62 Quick ratio: A. 1.89, B. 3.84, C. 2.56, D. 3.32 8. Which one of the following choices is included in the statement of financial position of an entity? A. Share capital, retained earnings, assets and liabilities B. Share capital, dividends paid, revenue and assets C. Assets, liabilities, profit on disposals of non-current assets and share capital D. Dividends paid, assets, discounts and liabilities 9. Sales are NLE260,000. Purchases are NLE150,000. Opening inventory is NLE22,000. Closing inventory is NLE26,000. What is the inventory turnover? A. 5.6 times B. 10 times C. 7 times D. 10.8 times 10. Which accounting body issues IFRS standards? A. The Auditing Practices Board B. The Stock Exchange C. The International Accounting Standards Board D. The government