For questions 1-10, fill in the blank with the letter of the term or description that best matches

the term.

descriptions:

a. the amount of an employee's income that an employer sends directly to the federal, state, or local

tax authority

b. taxes, insurance, and saving plans deducted from a paycheck

c. provides a summary of the payroll information for each pay period

d. commission, hourly rate, and salary

e. fee paid for providing a service, usually as a percentage of the total amount of the business

transacted

f. social security, medicare, federal, and state taxes

g. type of payment where an employee is only paid for the hours worked

h. health insurance, retirement plans, life insurance, and stock purchase plans

i. a payment amount that is paid yearly, and is then divided into weekly, biweekly, or monthly

payments throughout the year

j. deductions that are untaxed

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b