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nataly862011 [7]
4 years ago
15

Lesson 2

Business
1 answer:
natali 33 [55]4 years ago
4 0

Answer:

1) Taxes are compulsory financial charges levied upon taxpayers by government entities in order to fund their activities.

2) The IRS is the government agency responsible for collecting federal taxes and enforcing federal tax law.

3) Capital gains taxes are taxes levied upon the profit resulting from the sale of non inventory assets (e.g. land, house, stocks, etc.)

4) Two examples of state taxes are: corporate state taxes and real property taxes.

5) A pay stub or a pay slip is a document that itemizes what an employer pays to its employee. It includes the salary minus the deductions made.

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Which is not a reason for allocating internal costs to cost objects? Managers should be charged for benefits received by departm
Kamila [148]

Answer:

The reason which is not used for allocating the internal costs to the cost objects is to measure the selling price of the products.

Explanation:

Internal cost is the cost on which the businesses or company bases its price on which involve costs such as energy, plant, equipments and materials.

Cost objects is the department or the product for which costs are evaluated or measured. For example, a product is the cost object for direct labor and direct materials.

And the reason which is not used for allocating the internal cost to the cost objects is the evaluation of the selling price of the product as in a market, selling prices are determined or set by the demand and the supply factor.

7 0
3 years ago
There are several different traditional organizational designs. Some organizations are small enough that they can utilize a simp
Andrej [43]

In a functional structure organization the grouping is based on the Functional specialization of the individual. Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.Geographic division refers to division based on the geographic location.Customer division refers to the commercial division

Explanation:

  1. <u>Functional Structure</u> :V.P., Human Resources: Mr. Allen is the top human resources executive.
  2. <u>Product Division: </u>V.P., Television Division: Mr. Hernandez oversees the television division.
  3. <u>Geographic Division :</u>V.P., European Market: Ms. Orlov is in charge of the company's European markets.
  4. <u> Customer Division :</u>V.P., Commercial Accounts: Ms. Nguyen is the head of commercial accounts.
  5. <u> Simple Structure :</u> Ms. Fineberg has low work specialization and few rules in her position.

In a functional structure organization the grouping is based on the Functional specialization of the individual.

Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.

Geographic division refers to division based on the geographic location.

Customer division refers to the commercial division

7 0
3 years ago
How would a decrease in the price of the feed grains used to feed cattle affect the market for beef? a. The demand for beef woul
denis23 [38]

Answer: The supply of beef would increase, decreasing beef prices.

Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.

5 0
4 years ago
What is not an example of a contract? question 17 options: a rental lease a report card a credit card agreement a cell phone pla
Mrac [35]

Answer: Report card

Explanation:

Plato

5 0
2 years ago
Where to find your social security number?
taurus [48]
You have to find your local SSA
8 0
4 years ago
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