Correct/Complete Question:
Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many years earlier.
A. Sarbanes-Oxley Act
B. Lilly Ledbetter Fair Pay Act
C. Equal Pay Act
D. Fair Labor Standards Act
Answer:
B. Lilly Ledbetter Fair Pay Act
Explanation:
In 2009, the Lilly Ledbetter Fair Pay Act was enacted by the US congress. The act was aimed at worker protection against discrimination in pay thus giving individuals who are facing such situation a way to seek redress or rectification according to the federal anti discrimination law.
Cheers.
The finance team of an organization has prepared an end of quarter balance sheet. The stockholders equity amount is a negative value. What must be true in this situation? D. The organizations liabilities are greater than the assets. Stockholders equity is also known to many as shareholders equity. This is listed on the companies balance sheet and includes the total assets and the total liabilities subtracted then equals stockholder's equity. Since you subtract the liabilties from the assets, if there is a negative value then the liabilities are greater than the assets.
Phil owns 150 acres in fee simple absolute. These 150 acres are known as his ownership
<h3>What is
ownership?</h3>
Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties.
The legal right of an individual, group, corporation, or government to possess a thing is referred to as ownership. Material and immaterial things are the two types of subjects of ownership. Material ownership refers to tangible items such as property, land, a car, a book, and so on.
The legal right to use, possess, and give away something is defined as ownership. Ownership can be of tangible things like personal property and land, or of intangible things like intellectual property rights.
To know more about ownership follow the link:
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Answer:
Date Description Debit Credit
March, 31 Payroll Tax expense $2,320.50
FICA Social Security taxes $1,054
FICA Medicare taxes $ 246.50
FUTA taxes $ 102
SUTA taxes $ 918
<u>Working </u>
FICA Social Security taxes = 1,700 * 10 * 6.2% = $1,054
FICA Medicare taxes = 1,700 * 10 * 1.45% = $246.50
FUTA Taxes = 1,700 * 10 * 0.6% = $102
SUTA Taxes = 1,700 * 10 * 5.4% = $918
Payroll Tax expense = 1,054 + 246.50 + 102 + 918 = $2,320.50
