Demographic segmentation takes into consideration personality traits, lifestyles, and personal
values to group customers into segments.
Indicate whether the statement is true or false
FALSE
Business
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Karl, an employee of Smith Electric, Inc, has gross salary for March of $4,000
The entire amount is under the OASDI limit of $117,000 and thus subject to FICA. He is also subject to federal income tax at a rate of 18%. Karl has a deduction of $320 for health insurance and $80 for United Way. Provide the journal entry to record salaries expense and payroll withholdings. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) What will be an ideal response
Business
An inept set consists of brands that are not considered because they elicit negative feelings
Indicate whether the statement is true or false
Business