Which entity is most likely to be part of both the payroll cycle and the revenue cycle?

A) Cash.
B) Customer.
C) Receive Goods.
D) Inventory.

Answer: A

Business

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Under a SEP, an employee

A) is not allowed to make contributions. B) can contribute up to $6,000 per year. C) is not taxed until his or her contributions are withdrawn. D) can defer taxes with contributions.

Business

Which of the following will defeat marketable title?

A)?Zoning restrictions B)?Public utility easements C)?Claim of reversionary interest of an heir D)?Both b and c E)?a, b and c

Business