Answer:
The correct answer is letter "B": investment center.
Explanation:
Investment centers are units within a firm that generate their own revenue, reporting Financial Statements and Income Statements. Those benefits are eventually used in the diverse financing activities necessary for the corporation's processes. A typical example of an investment center is a department store of an entity.
the answer is B, hope this helps.
Answer: Neither A not B
Explanation:
When an accountant compiles the financial statements of a nonissuer in accordance with Statements on Standards for Accounting and Review Services (SSARS), the accountant's report should include a statement: that the accountant does not express an opinion on the financial statements.
When an independent CPA assists in preparing the financial statements of a publicly held entity but has not audited or reviewed them, the CPA should issue a disclaimer of opinion. In such situations, the CPA has no responsibility to apply any procedures beyond Documenting that internal control is not being relied on.
Answer:
The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75
Explanation:
According to the given, The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 4.4%.
The remainder are taken out of the employees' checks as part of their responsibility.
Therefore, to calculate the amount the employer should record as payroll taxes expense for the employee for the month of January we would have to make the following calculation:
Total payroll expense=($5,500 x 0.062)
+ ($5,500 x 0.0145)
+($5,500 x 0.006)
+($5,500 x 0.044)
Total payroll expense=$695.75
The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75
Answer:
is this a book if so send me a link
Explanation: