Noll gives Carr a written power of attorney. Which of the following statements is true regarding this power of attorney?

A. It must be signed by both Noll and Carr.
B. It must be for a definite period of time.
C. It may continue in existence after Noll's death.
D. It may limit Carr's authority to specific transactions.

Answer: D. It may limit Carr's authority to specific transactions.

Business

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Katie Pereira and Ferro Schwartz are employees of Free Star, Inc In February 2017, Katie's gross pay was $6,000, and Ferro's gross pay was $7,400

All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Which of the following would be included in the entry to record the salaries expense for February? A) a debit to Salaries Payable to employees for $830.80 B) a debit to FICA-Medicare Taxes Payable for $830.80 C) a credit to FICA-OASDI Taxes Payable for $830.80 D) a credit to Salaries Expense for $830.80

Business

When the airline industry offers discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires, what kind of a pricing technique are they said to be using?

What will be an ideal response?

Business