There is no Social Security tax on income beyond a certain level

When a corporation needs a larger amount of money than is possible by borrowing from one lender, or it does not want to borrow it all from one lender, which of the following might it use?

a. Corporate bond b. Sinking fund c. Financial leverage d. Term-loan agreement

Which of the following statements is an auditor most likely to add to the negative form of confirmation of accounts receivable to encourage timely consideration by the recipient?

a. "This is not a request for payment; remittances should not be sent to our auditors in the enclosed envelope." b. "Report any differences on the enclosed statement directly to our auditors; no reply is necessary if this amount agrees with your records." c. "If you do not report any differences within 15 days, it will be assumed that this statement is correct." d. "The following invoices have been selected for confirmation and represent amounts that are overdue."