Answer:
$7,202
Explanation:
Calculation for What should be the balance in Kent's deferred tax liability account as of December 31, 2021?
December 31, 2021 Deferred tax liability=$ 27,700 x 26%
December 31, 2021 Deferred tax liability=
= $7,202
Therefore What should be the balance in Kent's deferred tax liability account as of December 31, 2021 is $7,202
Answer:
B: Consumers have greater access to information.
Explanation:
Technological development impacts several areas of current life, fostered by the digital revolution. This has also made communication processes and interpersonal relationships faster and automated.
In organizations, the use of technology makes companies more competitive and innovative.
Other importance of technology are:
It makes processes seamless
It increase data processing
Provide support for important decisions.
Hence, the use of new technology in industry benefit consumers such that consumers have greater access to information
therefore answer is b
Answer:
A decision will be taken based on unanimous consensus which should be a fall out of constructive considerations of all the possible angles.
Explanation:
Under usual circumstances, the executive committee should comprise of the chairperson, vice-chairperson, secretary, and treasurer.
This, however, depends on the organization's corporate governance rules.
Decision making at the executive level in healthy organisations is not made based on one's ability to wield power or by the person or persons who wield the most authority.
The best decisions are those which uphold the highest logic. They should be taken regardless of who has suggested it for this is the attribute of superior minds - the ability to submit to a higher logic or solution regardless of its source.
Cheers
Answer: The answer is C
Explanation:
This is a tax reduction given to low income earners in order to reduce their tax burden with a view to make life more comfortable for people whose income are low in the country. However, in order to qualify for the tax reduction, there are some requirements which are expected to be met by couples who wants to claim such tax credit as well as child and dependent care credit and credit for other dependents. These criteria includes the age of the children, the child must either be a biological child of the claimant or their adopted chilld. In addition, the couple's must either be a United States citizens or foreigners living in the United States. Like the case of the couple here they are resident alien, one of their children is also a resident alien ,while the other two are United States citizens .Also in order to qualify for the tax credit as well as child and dependent care credit they must meet the limit set for adjusted gross income for those who can enjoyed the tax reduction.