Answer:
Enterprise resource planning system
Explanation:
The system that is used in this scenario is Enterprise resource planning system.
Enterprise resource planning is an integrated business process where all concerned departments are alerted by the software when a related activity is entered into the system.
In the scenario, When the sales team in the company gets an order, the information reaches all associated departments, implying the existence of integrated or enterprise resource planning system
Answer:
The correct answer is A) Asset and liability approach
Explanation:
Under current generally accepted accounting principles, which approach is used to determine income tax expense? Asset and liability approach
The asset and liability approach is used to clarify the amount of income tax expense after the number of deferred tax assets and liabilities have been determined.
Answer:
$5,650
Explanation:
Calculation for What is the amount of Robbie's Taxable Income
Wages $6,800
Add Interest Income $6,000
= Adjusted Gross Income $12,800
($6,800+$6,000)
Less Standard Deduction ($7,150)
Taxable Income $5,650
($12,800-$7,150)
Therefore the amount of Robbie's Taxable Income is $5,650
Answer:
At an airport
Explanation:
These "free trade zones" are often called duty-free shopping, where you can buy items without paying tax because the airports are a "bubble" in between countries who would normally be the ones charging taxes.