The form which must be filed when an employer withholds federal income tax and FICA taxes is: multiple choice Form 940 Form 941 Form W-2

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Answer 1

It should be noted that Form 941 is required to be filled when federal income tax and FICA taxes is been withheld by employer.

What is Form 941?

Form 941 serves as the form that is used to determine the amount of taxes that someone is owning.

Therefore, Form 941 requires identification number when filling it and it should be filled by employee.

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Related Questions

Which is not considered a risk management responsibility of the venue manager as they seek to minimize the risks in the event environment of their venue

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The merchandise copyright insurance is a policy that will not be considered as a risk management responsibility of the venue manager.

What is a venue manager?

These are manager that basically oversee the activities, employees and business associated with a concert facility.

The event certificate of insurance, proper contract administration, and Emergency and crisis management planning will be considered as a risk management responsibility when they seek to minimize the risks in the event environment of their venue.

Therefore, the Option C is correct.

Missing options "Event certificate of insurance, Proper contract administration, Merchandise copyright insurance, Emergency and crisis management planning"

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The concept of limited liability

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Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.

Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.

Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.

Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise

Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.

Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.

Explanation:

Differences in production efficiencies among nations in producing a particular good result from:.

Answers

Answer:

-Different endowments of fertile soil.

-Different amounts of skilled labor.

-Different levels of technological knowledge.

Explanation:

Differences in production efficiencies among nations in producing a particularly good result from different endowments of fertile soil, different amounts of skilled labour, and different levels of technological knowledge.

What is production efficiency?

Production efficiency refers to a situation in which the economy or an economic system for instance a bank, hospital, industry, or country operating within the constraints of current industrial technology cannot increase the production of one good without sacrificing the production of another good. In simple terms, the concept is illustrated on a production possibility frontier, where all points on the curve are points of productive efficiency.

An equilibrium may be productively efficient without being allocatively efficient that is it may result in a distribution of goods where social welfare is not maximized bearing in mind that social welfare is a nebulous objective function subject to political controversy. Productive efficiency is an aspect of economic efficiency that focuses on how to maximize the output of a chosen product portfolio, without concern for whether your product portfolio is making goods in the right proportion.

In misguided application, it will aid in manufacturing the wrong basket of outputs faster and cheaper than ever before.

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How many 90-day Eurodollar futures contracts should a bank purchase to hedge the roll-over of year, $5 million loan if loan rates and Eurodollar rates have the same volatility

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The number of 90-day Eurodollar Futures Contracts that the bank should purchase to roll-over if the rates have the same volatility is 20 contracts.

How many Eurodollar futures contracts should the bank purchase?

This can be found by the formula:

= (Loan amount x Period per year of loan ) / (Face value of futures contract x Period per year of futures contracts) x 1 because volatility is same

Solving gives:

= (5 million x 1) / (1 million x 3 / 12 months) x 1

= 5 million / 250,000 x 1

= 20 contracts

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Liabilities: Multiple Choice Represent obligations that must be satisfied with cash. Are recorded in the Profit and Loss Statement. Are amounts a company owes to others. Are usually recorded in the equity section of the balance sheet if it is long term.

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Liabilities are C. The amounts a company owes to others such as debt and taxes owed.

What is a liability?

It should be noted that a liability simply means the future sacrifice of economic benefits that an entity is obliged to make.

In this case, it simply means what an individual or company owes others. It's different from an asset.

A liability is something a person or company owes, which is usually a sum of money and are settled over time through the transfer of economic benefits such money, goods, or services. Examples of liabilities include debt and taxes owed.

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What were the economic consequences of apartheid in south africa? check all that apply. black citizens had a very low standard of living. wages remained low for most white citizens. black citizens could not own private property. the economy had a stagnant growth rate. the government had a low level of debt.

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The economic consequences of apartheid in South Africa were like that the black citizens had a very low standard of living, Black citizens could not own private property. The economy had a stagnant growth rate.

Option A, C, and D are correct.

What was the consequence on the South Africa's economy ?

In South Africa, black people were oppressed primarily because of their skin color.

Owning a landed property, getting a good education, and landing excellent jobs were all challenging for black South Africans.

The government, on the other hand, worked hard to improve the economic situation of impoverished whites at the period.

The apartheid economy, according to Terence Moll's analysis, “failed.”

His research shows that apartheid in South Africa caused and perpetuated poverty for the majority of the country's history.

Therefore, option A, C, and D are correct.

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The economic consequences of apartheid in South Africa were significant and had a profound impact on various aspects of society. Some of the consequences include: 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate

1. Black citizens had a very low standard of living: Under apartheid, the black population was subjected to discriminatory policies that limited their access to education, healthcare, and employment opportunities. This resulted in a significant wealth and income gap between black and white citizens, with black citizens generally experiencing lower living standards.

2. Wages remained low for most white citizens: While wages for white citizens were generally higher than those for black citizens, it is important to note that the majority of white citizens did not experience substantial economic improvements either. The apartheid regime aimed to maintain a system that benefited a small white elite, while the majority of white citizens also faced economic challenges.

3. Black citizens could not own private property: Apartheid policies restricted black citizens from owning land or property in certain areas designated for white citizens. This led to limited economic opportunities for black citizens, as property ownership is often an important avenue for wealth creation and economic advancement.

4. The economy had a stagnant growth rate: The discriminatory policies of apartheid, including the segregation of resources and the denial of opportunities to the majority of the population, contributed to a stagnant growth rate in the South African economy. The exclusion of black citizens from the formal economy and limited investment in infrastructure and industries hindered economic progress and development.

It is important to note that the consequences of apartheid extended beyond these four points, impacting various aspects of society, including education, healthcare, and social mobility. The legacy of apartheid continues to shape South Africa's economic landscape today, as efforts are made to address past injustices and promote inclusive growth.

Therefore the correct option is 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate

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In a large open economy, why is the supply curve for loanable funds upward sloping?.

Answers

Answer:

The higher the interest rate, the more willing suppliers of loanable funds will be to lend money.

Explanation:

Answer:

The demand curve for loanable funds is downward sloping, indicating that at lower interest rates borrowers will demand more funds for investment. The supply curve for loanable funds is upward sloping, indicating that at higher interest rates lenders are willing to lend more funds to investors.

Explanation:

When investors doubt the creditworthiness of a borrower what should happen to the price?.

Answers

When investors doubt the creditworthiness of a borrower what should happen to the price?.

Carrie made an initial investment of $50,000.the final value of her investment was $55,500.what was the roi?

Answers

Answer:

sorry i am not good with this subject i want to help but i cant sorry

Explanation:

How might a customer react to a salesperson's
weak handshake?

Answers

Answer:

I think the customer will get upset.

The customer will think the salesperson is not ready to attend to him.

What year does apple aim to achieve net zero carbon impact?.

Answers

Answer:

Apple aims to achieve a zero-carbon footprint by 2030

Explanation:

First Offense DWI in Texas can result in ______________. Choose one A. A fine of up to $2,000 B. Three days to 180 days in jail C. Loss of driver license up to a year D. Annual fee of $1,000 or $2,000 for three years to retain driver license E. All of the above.

Answers

In the state of Texas, the first case of DWI can bring about A fine of up to $2,000.

What is a DWI?

This is the short form for the words driving while intoxicated. Strict measures are taken to prevent this because they are a leading cause of accidents on the road.

In the state, such an offense for the first time is fined 2000 dollars and it could even result to days in Jail.

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A schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each possible price level is called

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Aggregate demand is a schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each possible price level.

What is Aggregate demand?Refers to the summation of goods and services that an economy produced at an available price.Aggregate demand is concerned with the finished goods in an economyGovernment expnses on education funding for example increases aggregate demand.

Hence, we can conclude that aggregate demand is a schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each possible price level.

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Businesses that offer flexible hours allow their workers to arrive at work whenever they feel like it. please select the best answer from the choices provided t f

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A flexible schedule permits an employee to work hours that deviate from the typical start and stop times of the organization.

Is it good to have a flexible schedule?

Flexible employment is no longer limited to gig workers or freelancers; many "conventional" firms are also providing flexible schedules to their employees.

Flexible schedules help employees, and wise companies understand that giving flexible schedules benefits them as well. From being a green company to having a competitive advantage in recruitment and boosting diversity, the advantages of flexible work for businesses can help your organization stay ahead of the competition.

Thus, The statement is False.

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Assume there is no change in aggregate supply and no change in government policy, an increase in consumer confidence will ______ unemployment and price level will _______.

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An  increase in consumer confidence will decrease unemployment and price level will increase.

What is aggregate supply?

Aggregate supply can simply be defined as the amount of goods and service manufactured that are supply at a particualr period of time.

In a situation where aggregare supply remain the same and government policy remain the same this will result in decrease in unemployement rate and increase in price level which is also known as inflation.

Inconclusion an  increase in consumer confidence will decrease unemployment and price level will increase.

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To varying degrees, online consumers benefit from ________, the practice of not only customizing a product or service but also personalizing the marketing and overall shopping and buying interaction for each customer.

Answers

i found this on a quizlet you can check it out as well it’s titled marketing 3 MC

Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.

Answers

Answer:

Balance Sheet

Explanation:

The balance sheet is a financial statement that shows a companies assets, liabilities, and shareholder equity.

What effect did the cotton gin have on the south’s economy?.

Answers

Increased cotton production and the economy of the south became dependent on cotton.

Building piles of documents is an efficient way to organize.


Please select the best answer from the choices provided

T
F

Answers

Answer:

It is false because it isn’t the best way to organize.

Answer:

f

Explanation:

Both the production and selling and administrative expense budgets are prepared using information directly from the:.

Answers

Answer:

Both the production and selling and administrative expense budgets are prepared using information directly from the: Sales Budget

) What is price-matching? A Paying more money for an item. B When a store sells something at the same price. C Buying used. D Using a coupon.

Answers

Answer:

The answer is B. When a store sells something at the same price.

Explanation:

They sell it for the exact price your paying.

In the trucking industry, demand for fuel remains relatively stable even in times when the price of fuel increases, indicating that demand for fuel in this segment is:.

Answers

Answer:

inelastic

Explanation:

The North American Free Trade Agreement (NAFTA) was created by: A. Third world countries B. Core nation countries C. Middle-income countries D. Asian and American countries

Answers

The North American Free Trade Agreement (NAFTA) was created by the Core nation countries.

What is the aim of NAFTA?

The trade agreement was created to reduce all form of tariffs on imports and exports between the U.S., Mexico, and Canada

The main goal of the trade agreement was to encourage free trade among themselves.

Therefore, the Option B is correct.

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Xavier opened a savings account with a deposit of $12,000. the account earned simple interest. he did not make any additional deposits or withdrawals. at the end of 3 years, the account balance was $12,324. what is the annual interest rate on this account?

Answers

The annual interest rate on this account opened by Xavier will be 0.9%.

How to calculate the interest rate?

From the information, the following can be deduced:

Principal = $12000

Interest = $12324 - $12000 = $324

Time = 3

We'll use the formula:

I = PRT/100

324 = (12000 × R × 3)/100

32400 = 36000R

R = 32400/36000

R = 0.9

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A customer is looking at a Canyon Meadow jacket, made by Columbia Sportswear Company. Write two questions to determine the customer’s previous experience with the Columbia Sportswear Company (manufacturer of the Canyon Meadow jacket) and its products.

Answers

Answer:

a- have you ever run out of products before?

b- are you replacing your old one for a new one?

Explanation:

Steve silversmith produces unique and exclusive sterling silver rings, pendants, buckles, and chains. steve pays one supervisor to oversee the work performed by several part-time silversmiths. he pays each silversmith to work 20 hours per week or 40 hours week, depending on production demand. he also hires a jewelry expert to perform quality assurance inspections and pays her based on the weight (per ounce of silver) of each piece inspected. the controller and the sales manager are discussing potential price increases due to the increasing cost of silver and increases in other costs.


required:

the following are several costs they are discussing. indicate whether each cost is a variable, fixed, step, or mixed cost within steveâs relevant range of activity.


a. depreciation on production equiepment

b. supervisor salary

c. packaging (each piece is packaged in a designer cartoon)

d. silver

e. part-time labor (silversmith)

f. production facility utilities

g. quality assurance

h. mortgage on the production facility

Answers

The answer with be a

A company operates an oil refinery. To reduce risk the company has decided to implement significant controls over safe operations. This is an example of:

Answers

If  company has decided to implement significant controls over safe operations. This is an example of: Risk reduction.

What is risk reduction?

Risk reduction can be defined as the way of preventing disasters or  unforseen or unexpected circumstance by implementing control.

Risk reduction is important as it help prevent loss of life and properties and it as well help to maintain sustainable future.

Therefore this is an example of: Risk reduction

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Determining how many man-hours are needed to meet production goals involves what type of management role

Answers

The determination of the number of man-hours that are needed to meet production goals by the management involves an informational role.

What is management?

It should be noted that management simply means the process of controlling people to achieve a goal.

In this case, the determination of the number of man-hours that are needed to meet production goals involves ana informational role.

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In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the _____ process.

Answers

In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the closing process.

What is Management?

This refers to the overseeing and supervision of people working under a person to achieve a common goal.

Hence, we can see that in project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of a business process which is known as the closing process.

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resources are what in quantity​

Answers

resource may be defined as base quantity .

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