Ben Fasby has taxable income of $7,000, and the following tax rate schedule is applicable:

Taxable Income Tax Rate
$0 to $3,400 0 %
$3,400 to $5,500 12 %
$5,500 to $7,600 14 %

Ben's tax liability is

A)

$980.
B)

$210.
C)

$462.
D)

$870.

C

Business

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Which of the following is INCORRECT about the Statement of Cash Flows?

(a) The direct method may be used to report cash provided by operating activities (b) The statement shows the cash provided (used) for three categories of activity (c) The operating section is the last section of the statement (d) The indirect method may be used to report cash provided by operating activities

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Organizational behavior is also characterized as one "best way" to perform a job.

A. True B. False

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