Answer:
Stocks can have negative growth rates.
Explanation:
The growth rate of stocks can be negative zero and positive. Hence, it is not necessary that the growth rate should be constant. Hence, the correct option in the following statement is "<u>Stocks can have negative growth rates"</u>
In the scenario given above, Tim is engaging in OBSERVATION RESEARCH. Observation research, also called field research is a type of non-experimental research in which a researcher is observing an ongoing natural behaviour that is occurring in a natural setting. The result of analysis of this behaviour can help a company to serve its customers better.
Answer: Independent bank reconciliations.
Explanation:
A bank reconciliation is a process by which the records of a bank account are verified to be correct, by comparing the personal records with the records that appear on the bank statement. This process is usually done independently when a company wants to audit its accounts and reconcile its processes.
Because this is a review of bank accounts (savings, payroll, checking accounts), no physical control is needed to do it, but rather a monetary control.
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Answer:
A. $7500
Explanation:
First 10000 : 0%
Next 20000: 10%
Next 20000: 20%
Next 20000: 30%
Over 60000: 40%
Therefore income of $55000 would have a tax liability as such
First - 0% of 10000 = 0
Second - 10% of 20000=2000
Third - 20% of 20000= 4000
Fourth - 30% of 5000= 1500
Total tax liability (TTL)= 0+2000+4000+1500
TTL = $7500
Answer: Fixtures
Explanation:
Fixtures are a type of fixed assets that are so named because they are fixed to the property they are in, in such a way that it would require substantial work to remove them.
Checkout counters are fixed to the ground in grocery stores and other places that use them and trying to remove a checkout counters takes a lot of effort so they qualify to fall under fixtures.
