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3 years ago

During a contractionary phase of the business cycle, which of the following most likely occurs?

Business

2 answers:

Zielflug [23.3K]3 years ago

6 0

more tax revenues are remitted

yulyashka [42]3 years ago

4 0

Answer:

D. fewer people are unemployed.

Explanation:

Took the test

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At a QSR, customers are _____ to get their own drinks.

const2013 [10]

Answer:

im pretty sure it's encouraged

3 0

2 years ago

Read 2 more answers

While visiting a client to deliver their 2019 tax documents, one of the owners approaches you and states: "The IRS says my trave

serious [3.7K]

Answer:

Commuting refers to travelling from your home to your workplace. It generally refers to the distance that people generally travel to get to their office or any type of workplace.

While business travel refers to not only leaving your house to go to work, but actually going somewhere else to perform your regular business activities, e.g. going form one state to another to close a sale. In order for business travel to be effectively recognized as such, it must be necessary for your business activity and it should last more than one ordinary workday.

In this case, your client continuously leaves his house and goes form one state to another performing his normal business activities. This perfectly fits the IRS's definition of business travel.

Initially, you can try to solve this issue with IRS Office of Appeals (since you are right), but if that doesn't work, then you can go to Tax Court.

6 0

3 years ago

Name and explain money notes

Alborosie

Answer:

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.[1][2][3] The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfils these functions can be considered as money.

6 0

2 years ago

Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5

HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

June 1:

Inventory: 120 units for $5= $600

June 12:

Purchase: 370units for $6= $2,220

June 23:

Purchase: 200 units for $7= $1,400

June 30:

Ending Inventory 230 units

Units sold= 460

Under FIFO method, the first units-in are the first to go out. Therefore, the ending inventory has the value of the last units purchased.

Inventory= 200*7 + 30*6= $1,580

COGS= 120*5 + 340*6= $2,640

Under LIFO method, the lasts units-in are the first out.

Inventory= 120*5 + 110*6= $1,260

COGS= 260*6 + 200*7= $2,960

Under the average cost method, we calculate an average buying price and then calculate the ending inventory and cost of goods sold:

Average price= (5 +6 +7)/3= 6

Inventory= 230*6= $1,380

COGS= 460*6= $2,760

The highest ending inventory is from FIFO method.

8 0

3 years ago

Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.

Papessa [141]

Reality of contract of an agreement is said to be present in a contract when there is genuineness.

When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.

Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.

To learn more about contract here,

brainly.com/question/2669219

#SPJ4

6 0

1 year ago