Answer: B - $7,150
Explanation: Standard taxation is an option by IRS to reduce an inidvidual taxable income. this is subject to an individuals filling status.
Phil who is aged 20, single and who can claim a dependent on his parents tax filling return. As of 2019, his standard tax deduction is limited to his earned income plus $350.
According to the above question, Phil earns $7,000 as wages plus $150 in interest income.
From the above information, Phil has a standard tax of $7,150.
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Jim serves as the CEO of a business that makes office furniture and filing cabinets. He utilizes <u>planning </u>to determine that the business will need to hire 10 additional staff in order to raise production by 20% the following year.
How to Create An Effective Employee Selection Process?
Companies use a set of stages called the employee selection process to find and hire the best employees. Effective selection can lead to the hiring of the kind of workers who will increase company morale, contribute to your corporate culture, and keep turnover low. The key is matching the correct abilities to the open roles.
It's crucial to understand that hiring differs from personnel selection. Each represents a distinct phase. Selection comes once you have a suitable pool of applicants, after recruitment has been completed. Consider selection as the stage of hiring where the pool of candidates is drastically reduced and the most promising hires are identified.
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