Answer:
c rose by 3 percent.
Explanation:
Real income is nominal income less price level changes.
Real income = nominal income - changes in price level
4.6 % - 1.6% = 3%
I hope my answer helps you
Answer:
$1,057.86
Explanation:
Payroll taxes include:
- Social security tax withholdings 6.2% (on the first $132,900 of wages paid) = 6.2% x $8,338 = $516.96
- Medicare tax withholding 1.45% = 1.45% x $8,338 = $120.90
- Federal unemployment taxes (FUTA) 0.6% = $7,000 x 0.6% = $42
- State unemployment taxes (SUTA) 5.4% = $7,000 x 5.4% = $378
total payroll taxes = $1,057.86
Answer:
The answer is T that is (True)
Explanation:
First of all, we need to understand that internal control in technology advanced accounting system are designed policies and procedures integrated into the system to give it integrity and reliability.
The purpose are mainly to curb but not limited to issues like fraud, generating timely and effective reporting, reassuring investors, give a forensic over view of business operation success and proactively identify financial challenges.
The internal controls in advanced accounting can either be preventative, consequentially deterring fraud and mistakes, or detective, consequentially identifying challenges after they have occurred
This two aforementioned objective of the internal control in technology advanced accounting are embedded in the design and operation of the system stage, thereby confirming the statement to be true that Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents
Answer:
D. The order quantity is constant, regardless of the demand.
Explanation:
Basic Continuous Review Model relates to inventory stock management, where each time an inventory unit is added in or moved out the stock level is calculated again.
It do not assume that the order quantity is constant as it calculates inventory level after each order, there is no basic assumption as such.
The review model keeps on moving the stock and tries to maintain such level as by ordering the quantity sold, and it keeps on rotating, but there is no standard set for order quantity.
