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3 years ago

Gross pay minus deductions is known as take home pay. True False

1 answer:

6 0

Gross pay minus deductions. Also called take-home pay. A special checking account used to pay a company's employees. A manual or computerized schedule prepared for each payroll period listing the earnings, deductions, and net pay for each employee.

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What is the capitalism

dybincka [34]

Answer:

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.

Explanation:

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2 years ago

Keeping your ___ and ___in mind will dictate what you say and how you say it.

shusha [124]

Answer:

Audience and purpose.

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2 years ago

Which of the following could result in the termination and liquidation of a partnership?1) Partners are incompatible and choose

Natalka [10]

Answer:

E) 1, 2, and 3

Explanation:

A partnership is a very flexible business which is very easy to set up but has some disadvantages also and they include:

partners have unlimited liability.- if losses are expected to continue, then the partners will probably decide to liquidate the partnership.
risks of disagreements between the partners.- if the partners are incompatible and cannot agree upon the decisions that need to be made, the partnership will probably be liquidated
if the partners decide to leave because they retire then the partnership will probably have to be liquidated unless a new partner replaces the one that leaves or the other partners buy his/her share of the partnership.

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3 years ago

Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the e

Alexxx [7]

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

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3 years ago

The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0

meriva

Answer:

$209,000

Explanation:

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials $64,000

Direct labor cost $94,000

Manuf. overhead cost applied to WIP $68,000

Total manufacturing costs $226,000

Add: WIP Inventory, Beginning $24,000

Less: WIP Inventory, Ending $19,000

Cost of goods manufactured $231,000

Add: Beginning Finished goods $53,000

Less: Ending Finished goods $57,000

Unadjusted cost of goods sold $207,000

Add: Underapplied manuf. overhead $2,000 ($70,000-$68,000)

Adjusted cost of goods sold $209,000

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2 years ago