An acid-test ratio of 1.0 is considered safer than a ratio of 0.50

Indicate whether the statement is true or false

TRUE

Business

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Dale received $1,000 in 2017 for jury duty. In exchange for regular compensation from her employer during the period of jury service, Dale was required to remit the entire $1,000 to her employer in 2017. In Dale's 2017 income tax return, the $1,000 jury duty fee should be

a. Claimed in full as an itemized deduction. b. Claimed as an itemized deduction to the extent exceeding 2% of adjusted gross income. c. Deducted from gross income in arriving at adjusted gross income. d. Included in taxable income without a corresponding offset against other income.

Business

Consumer organizations such as environmental and minority groups that may question a company's marketing decisions are part of the political environment

Indicate whether the statement is true or false

Business