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ExtremeBDS [4]
3 years ago
12

Which of the following statements is false? A. Cash dividends should be recorded as a liability when they are declared by the bo

ard of directors. B. FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority. C. A company may exclude a short-term obligation from current liabilities if the firm intends to refinance the obligation on a long-term basis and demonstrates an ability to complete the refinancing. D. Under the cash basis method, warranty costs are charged to expense as they are paid.
Business
1 answer:
xenn [34]3 years ago
3 0

Answer:

The answer is: B) FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority.

Explanation:

FICA taxes (or payroll taxes) are based on an employee's salary. Both employees and employer pay FICA taxes for Social Security and Medicare. Employers withhold these taxes from their employees' paychecks, and then pays them to the Internal Revenue Service (IRS).

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A consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovat
Ksenya-84 [330]

Answer:

B) False

Explanation:

Glocalization is a term that combines both globalization and localization. It was first used during the 1980s in Japan to define a way of thinking and developing business strategies: think locally and act globally.

Back in the 1980s Japan's economy was booming, it was the second largest economy in the world and Japanese car manufacturers and technological firms were wiping out the competition. This term refers to the western interpretation of Japanese business strategies of that decade, of selling similar but differentiated products everywhere.

E.g. American car manufacturers used to complain that Japanese consumers wouldn't buy their cars in Japan, but they simply had the steering wheel on the wrong side and Japanese consumers were not willing to even try them for that reason.

Luckily, things have changed and American companies also realized that their reality is not necessarily the reality of the rest of the world, and you must adapt your products to different markets.  

5 0
2 years ago
Assuming that a marketing research study will answer important questions and reduce uncertainty associated with the proposed pro
scoray [572]

Answer:

The correct answer is C. Is top management committed to the study?

Explanation:

Market research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons:

1. to solve problems, for example, determine the potential of a market.

2. to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.

That is why managers and researchers continually focus on the search for those practices that will allow them to improve the organization and direction of their processes and therefore increase their likelihood of success.

7 0
3 years ago
Franz ask Joe if he will paint his office building for $1000. Joe says he will do it for $2000. Joe's response is called
Novay_Z [31]
Hey there!

Joe's response is called a counteroffer, which is just an offer that's made in response to an offer given by someone else.
Thie helps two people come to a consensus about an offer.

Hope this helps!
4 0
3 years ago
World trade organization (wto) member countries account for approximately __________ percent of world trade.
svp [43]
World trade organization member countries account for approximately 80-95% of world trade. Its three main functions are: -Forum for negotiation -Administration -Dispute Settlement To sum it up, World Trade Organization sets the rules, allows countries to talk, and has process for actually resolving problems.
3 0
3 years ago
Tuity Fruity Beverage​ Company's operating activities for the year are listed below. Purchases ​$140 comma 700 Operating expense
blsea [12.9K]

Answer:

The cost of goods sold for the​ year is $134,300

Explanation:

The cost of goods sold for the​ year = Beginning inventory + Merchandise Purchased - Ending inventory

Tuity Fruity Beverage​ Company's purchases ​$140 comma 700 and has beginning inventory 12 comma 600, ending inventory 19 comma 000.

Therefore:

The cost of goods sold for the​ year = $12,600 + $140,700 - $19,000 = $134,300

3 0
3 years ago
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