Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. ... Both banks and credit unions provide similar services such as checking and savings accounts, loans and business accounts.
Explanation:
The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.
Answer:
A. costs incurred prior to the split-off point when producing products that appear simultaneously.
Explanation:
Joint costs are costs incurred prior to the split-off point when producing products that appear simultaneously.
In cost and manufacturing accounting, a joint cost is a cost incurred in a joint process or during a joint production of more than one output and may include direct material, direct labor, and overhead costs incurred before the split-off point.
Answer: A principal is someone who gives legal authority to another to act on his or her behalf in a business relationship. Therefore, the principal can be held directly liable for the agent's torts, or wrongful acts giving rise to a civil cause of action.
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