1 assets are always equal to the sum of liabilities plus, Ask an Expert

Finance

1. "Assets are always equal to the sum of liabilities plus owners' equity" is the basic concept of:

a. Assets management

b. Liability transfers

c. Accounting

d. Risk management

2. Federal tax-withholding codes require employers to file quarterly wage summary statements:

a. Income-tax withholding, employee FICA contributions, and unemployment taxes

b. Income-tax withholding, employee FICA contributions, and employer FICA contributions

c. Employee FICA contributions, employer FICA contributions, and unemployment taxes

d. Income-tax withholding, employer FICA contributions and unemployment taxes

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424747

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