If a decision maker is risk averse, then the best strategy to select is the one that yields the
a. highest expected payoff.
b. lowest coefficient of variation.
c. highest expected utility.
d. lowest standard deviation.
Answers
The best strategy for a risk-averse decision maker is the one that yields the highest expected utility. Option c. is the answer.
This is because risk-averse individuals prefer a certain outcome with a lower expected payoff than a risky outcome with a higher expected payoff. Expected utility is a measure of the overall satisfaction or happiness that an individual expects to receive from the outcomes of different decisions.
In contrast, the expected payoff (option a) is the sum of the product of each possible outcome and its probability. The coefficient of variation (option b) and the standard deviation (option d) are measures of risk, but they do not take into account the preferences of a risk-averse decision maker.
Therefore, these options are not the best strategy for a risk-averse decision maker and the answer is c.
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Related Questions
which action can be considered a product decision?
Answers
It is possible to classify a variety of behaviors as product decisions. For instance, decisions about a specific product, such as its design or quality decisions about a product line and decisions about the product mix can all be seen as decisions on a specific product.
The choice of what goods or services a business will sell is known as a product decision. To successfully develop a marketing mix and achieve the company's goals, several choices are essential. Before we go into the specifics of product decisions, let's quickly look at some examples of the different kinds of decisions marketers might make. Marketers take into account: The primary benefit of the product when making decisions about products. Examples include.
You can slake your thirst with mineral water.
You get from place A to place B via a bus.
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describe how to use a probability/impact matrix and risk factors? how can you use each of the risk management technique on a project?
Answers
A probability/impact matrix is a tool used in risk management to assess and prioritize risks.
It involves assessing the probability and potential impact of each identified risk, and then plotting them on a matrix. To use a probability/impact matrix, first identify the potential risks for the project. Then, assess the probability of each risk occurring, and the potential impact it would have on the project if it did occur. This information can be plotted on the matrix, with risks that have a high probability and high impact being given the highest priority.
Risk factors are specific aspects of a project that can contribute to the likelihood and impact of risks. These can include factors such as project complexity, team experience, and stakeholder involvement. By identifying and understanding these risk factors, project managers can better assess and mitigate potential risks.
Different risk management techniques can be used on a project depending on the specific risks and circumstances. Some common techniques include risk avoidance, risk transfer, risk mitigation, and risk acceptance. Risk avoidance involves eliminating the risk altogether, while risk transfer involves shifting the risk to another party, such as through insurance. Risk mitigation involves taking actions to reduce the likelihood or impact of a risk, while risk acceptance involves acknowledging the risk and developing contingency plans in case it does occur.
Overall, using a probability/impact matrix and considering risk factors can help project managers to identify and prioritize risks, and to select appropriate risk management techniques to minimize potential negative impacts on the project.
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Please help............
Answers
.3. One day you happen to hear a snippet of conversation between two graduate students, who are drinking coffee and contemplating an open box of exquisitely delicious chocolate truffles in the Page Break Café. The first student opines that one can definitely outline a set of objective design principles that should underpin the construction of any professional chart or map. The second student disagrees vehemently and argues that the one and only important thing to worry about is aesthetics. The first student is speechless. What do you think? Use your knowledge of data visualization to inform your answer, and be sure to explain your answer carefully.
Answers
The debate between the two graduate students revolves around the importance of objective design principles versus aesthetics in the construction of professional charts or maps.
Objective design principles in data visualization serve as guidelines to ensure clarity, accuracy, and effective communication of information. These principles include considerations such as appropriate use of colors, legibility of text, proper labeling, and accurate representation of data. By adhering to these principles, charts and maps can convey the intended message clearly, facilitating data comprehension and analysis.
However, aesthetics cannot be disregarded. Visual appeal and aesthetics contribute to the overall user experience and can enhance engagement with the data. An aesthetically pleasing chart or map can captivate the viewer's attention, stimulate interest, and encourage exploration of the data. Attention to aesthetics involves aspects such as visual balance, appropriate use of visuals and typography, and overall design coherence.
Both objective design principles and aesthetics are important in data visualization because they serve different purposes. Objective design principles ensure accuracy and effective communication, while aesthetics enhance engagement and user experience. Striking a balance between these two aspects is crucial to create visually appealing and informative visualizations that effectively convey the intended message while engaging the audience.
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true or false,according to mr. cochran, there is a strong, significant positive relationship between diversity and corporate innovation.
Answers
True. According to mr. cochran, there is a strong, significant positive relationship between diversity and corporate innovation.
How does diversity create innovation?Diversity is an important driver of innovation because it allows teams to draw on a wide range of perspectives and experiences. When people from different backgrounds and cultures collaborate, they each bring their own set of ideas and approaches to problem solving. This diversity of thought can spark creativity and lead to breakthroughs that would not be possible in a homogeneous team. A diverse team is also more capable of identifying and meeting the needs of a diverse customer base, that can lead to new market opportunities and increased revenue. Furthermore, diverse teams are more adaptable and resilient because they can navigate complex challenges and respond to changing circumstances better. By promoting diversity and inclusion, organisations can foster a culture of innovation and unlock the full potential of their teams.
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Why is it a good idea to be organized in the workplace?
Answers
It is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
What is workplace?A workplace is described as a place where an employee or a manager carries out projects, tasks, and jobs. It is important to mention that workplaces are the areas that are located inside a building or can be outside an office building.
An organized workplace means that everything in the workplace is kept in its respective places, and everything is very neat and clean. Such an organized workplace will allow the managers and the employees to focus entirely on the work and be more productive and efficient.
It can be concluded that it is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
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What is the difference between the pre-reservation and installment
Answers
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
Mila invested $1,800 in a one-year CD earning 3.1% annual interest. How much interest will Mila earn?
Answers
Answer:
the interest mila earned for one year is $55.80.
I apologize if this is wrong I'm not super good with business
Question 1 of 10
Which of the following best describes what a manager does?
Answers
Answer:
Explanation:
Manager is responsible to integrates all the activities which are performed in an organisation. In other words, he has to co-ordinate the talents of people working under him for the purpose of achieving the organisational goals. The role of a manager gets much importance than other executives in an organisation.
Who carries the animal from the farm to the market or packer?
A. Producer
B. Proccessor
C. Transporter
D. Consumer
Answers
Answer:
was it a passage u had to read?
Explanation:
Answer:
Transporter
Explanation:
You are transferring the animal to the market from the farm.
which of the following information is included on an applicant's registration application? i business history of applicant ii financial condition of applicant iii conviction record of applicant a i only b ii only c ii and iii d i, ii, iii
Answers
An applicant's consistently offer includes information about the applicant's business history, financial situation, and criminal background.
What is conviction record?
Conviction record refers a "conviction record" facts pertaining to an adult or juvenile offence, as defined under RCW 10.97.030 through 10.97.050. It eliminates convictions for offences that have been the subject of such an annulment, pardon, certificate or rehabilitation, or other analogous proceeding based on a finding that the individual convicted was rehabilitated, in addition to convictions based on an assertion of innocence. If the record has not been lawfully expunged, it may contain convictions for offences for which the offender received a deferred and suspended sentence.
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which conditional formatting rule is best suited to highlight sales value greater than $5,000?
Answers
The conditional formatting rule that can be used in highlighting sales value than more than $5000 as regards this question is greater than.
Conditional formatting can be regarded as feature in spreadsheet applications , which helps when there is a need to apply specific formatting to cells that meet certain criteria. In the case, of formatting rule for figures greater than $5,000, the the Greater Than sign is used to achieve this.The greater-than sign is helps in denoting an inequality between two valuesOther uses of formatting rule are to :highlightEmphasizedifferentiate among data as well as information stored in a spreadsheet
Therefore, conditional format helps in changing the appearance of cells
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Use the data table to answer the question that follows.
Production Possibilities for One Year
Cheese
(millions of tons)
Tomatoes
(millions of tons)
United States
4
2
Italy
1
1
Which statement is supported by the data table?
The United States should produce neither cheese nor tomatoes but rather import them.
The United States should produce all its own cheese and tomatoes for consumption.
The United States should specialize in tomatoes and trade them for cheese from Italy.
The United States should specialize in cheese and trade them for tomatoes from Italy.
Answers
The United States can consume beyond its PPC by specializing in cheese and trading it for tomatoes from Italy.
What is PPC?The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.
PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness. The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.
Managers can use the PPF as a tool for making decisions when determining the best product mix for their organization. The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.
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Answer: D
Explanation:
a couple thinking about retirement decide to put aside $4,000 each year in a savings plan that earns 7% interest. in 10 years they will receive a gift of $20,000 that also can be invested.
Answers
They have got collected $4708.forty four (Approx) 30 years from now
financial savings plan.
A financial savings plan is a method for collecting cash at the way to gain unique financial dreams. It enumerates the goals in query and the stairs to acquire them. Such dreams may also embody.
We use the system:
A=P(1+r/one hundred)^n
where
A=future fee
P=present value
r=price of hobby
n=time period.
future value of 28000=28000*(1.08)^25
=28000*6.8484752
=$191757.306
subsequently amassed savings=249223.064+191757.306
=$440,980.37(Approx)
b.more savings required=720,000-440980.37
=$279019.sixty three
future fee of annuity=Annuity[(1+rate)^time period-1]/charge
279019.sixty three=Annuity[(1.08)^30-1]/0.08
279019.sixty three=Annuity*113.283211
Annuity=279019.63/113.283211
= $4708.forty four (Approx)
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Beth and mark would like to put some savings in the bank. They most likely will not need this money for 4 years, so beth wants to put it in a 4-year cd. Mark wants to put the money in a savings account. What is the advantage of a cd? what is the disadvantage?.
Answers
The drawback of a Certificate of deposit (CD) is that it imposes fees on early transfer of money, while its main benefit would be its highest interest rate.
A certificate of deposit (CD) is a type of savings instrument that accumulates interest on a single sum of cash for a predetermined period of time. Unlike savings accounts, CDs require that money stay intact over the full term for avoid penalties and lost interest. Savings accounts typically pay lower interest rates than Certificate of deposit (CD) as compensation for liquidity loss.
The majority of consumers banking firms provide certificates of deposit (CDs), although each bank is free to establish its own conditions, rate of interest in comparison to savings and cash sell goods, and early termination fees.
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Why are wages and salaries generally determined by the market for labor?
Answers
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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Under ifrs, if the probability that an obligation is going to arise is greater than ____, and the amount can be estimated, then a "provision" should be recorded by making a journal entry.
Answers
Under IFRS, if the probability that an obligation is going to arise is greater than 50%, and the amount can be estimated, then a "provision" should be recorded by making a journal entry.
What is IFRS?International Financial Reporting Standards (IFRS) are a set of accounting standards that govern how certain types of transactions and events are reported in financial statements. They are developed and maintained by the International Accounting Standards Board (IASB). IFRS requires financial statements to be prepared according to four key principles: clarity, relevance, reliability and comparability. IFRS standards are mandatory in 167 countries and territories and many regions of the world including Afghanistan, South Korea, Brazil, European Union, India, Hong Kong, Australia, Malaysia, Pakistan, GCC countries, Russia, Chile, Philippines, Kenya, etc. is allowed in , South Africa, Singapore, Israel, Turkey. IFRS accounting standards promote transparency by improving the international comparability and quality of financial information and enabling investors and other market participants to make informed economic decisions increase.To learn more about IFRS, refer
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If Goebel Company acquired a 20% interest in Dobbs Company on December 31, 2011 for $135,000 and during 2013 Dobbs Company had net income of $75,000 and paid a cash dividend of $30,000, applying the fair value method would give a debit balance in the Equity Investments (Dobbs) account at the end of 2013 of a. $111,000. b. $135,000. c. $150,000. d. $144,000. 102. If Goebel Company acquired a 30% interest in Dobbs Company on December 31, 2012 for $210,000 and during 2013 Dobbs Company had net income of $75,000 and paid a cash dividend of $30,000, applying the equity method would give a debit balance in the Equity Investments (Dobbs) account at the end of 2013 of a. $210,000. b. $223,500. c. $232,500. d. $201,000.
Answers
If Goebel Company acquired a 20% interest in Dobbs Company on December 31, 2011 for $135,000 and during 2013 Dobbs Company had net income of $75,000 and paid a cash dividend of $30,000, applying the fair value method would give a debit balance in the Equity Investments (Dobbs) account at the end of 2013 of $144,000.
b. If Goebel Company acquired a 30% interest in Dobbs Company on December 31, 2012 for $210,000 and during 2013 Dobbs Company had net income of $75,000 and paid a cash dividend of $30,000, applying the equity method would give a debit balance in the Equity Investments (Dobbs) account at the end of 2013 of $232,500.
The equity method and fair value methods are two methods used to account for investments in another company. The equity method assumes that the investment affects the investor's financial statements, and the investment's book value changes as the investee's book value changes. The fair value method assumes that the investment is accounted for at fair value, and any changes in fair value are reflected in the investor's financial statements.
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The static budget is based on an estimated level of sales volume that was determined at.
Answers
The static budget is based on an estimated level of sales volume that was determined at the beginning of an accounting period.
A static budget is a budget used by companies to calculate their future profits or sales by taking into account the period at present. It does not undergo any kind of changes even when changes in revenue, income, and expense occur. If carried out correctly, they can calculate the overall performance of a business.
This kind of budget is used to determine a company's sales volume and is used by only professionals. It's normally calculated when a new accounting period starts. It helps in fixed and variable costs, revenue, and in building future company forecasts.
The question should have been, " At what period the static budget is estimated?"
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What step is most important for sellers to focus on.
Answers
The step that is most important for sellers is to focus on Identifying customers with lifetime value.
Who is a seller?A seller can be regarded as the part of distribution channel that made the goods from producer to be available to consumers.
However, he must focus on Identifying customers with lifetime value.
Therefore, option C is correct.
CHECK THE COMPLETE QUESTIONS
What step is most important for sellers to focus on?
A: Keeping all customers at all cost
B: Keeping loyal customers and forgetting about the others
C: Identifying customers with lifetime value to the seller
D: Working to attract new customers regardless of the costs
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Miguel’s employer pays $1,825 in health insurance and $93 in life insurance per year. he also gets $2,860 in paid time off per year. his monthly gross pay is $3,890. what are migual’s total job benefits per year?
Answers
Miguel’s total job benefits per year are $51,458.
Given information:
health insurance = $1,825 per year
life insurance = $93 per year
paid time off = $2,860 per year
monthly gross pay = $3,890
Calculating the total job benefits per year:
Total job benefits per year = health insurance(per year) + life insurance(per year) + paid time off(per year) + gross pay(per year)
Now, substituting the given values in the above equation we get:
Total job benefits per year = $1,825 + $93 + $2,860 + monthly gross pay × 12 months
Again, substituting the given values in the above equation we get:
Total job benefits per year = $4,778 + $3,890 × 12
= $4,778 + $46,680
= $51,458
Hence, the correct answer is $51,458.
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drop the name of a person you want a follow back from on Instagram .
drop names and keep it going of the person of your choice and you get a follow back at the strike of midnight .
Answers
Answer:
addison rae lol because i need a bad bleep hahaha
Explanation:
Answer:
cardi b because I want to know how to get the Wap lol
buster invents a new camp grill that he names buster's burger blaster. he writes specific instructions about how to use it in a manual that comes with every grill. buster can obtain a trademark for?
Answers
Buster can obtain a trademark for Buster's Burger Blaster.
What is a trademark?
A trademark is a phrase, logo, symbol, or design that identifies and distinguishes a product from those of competitors. A trademark is a kind of intellectual property that protects brand names and logos used in commerce from being stolen or copied by others.
Buster has named his new camp grill as Buster's Burger Blaster. It is a specific name, and no other similar product is available with the same name. Therefore, Buster can obtain a trademark for Buster's Burger Blaster.
A trademark is obtained to avoid any future infringement or theft of the name, symbol, or logo used on the product. A trademark is not compulsory, but it is a good idea to have one for new products to avoid any copying or stealing of the name, symbol, or logo used on the product.
Therefore, Buster can obtain a trademark for Buster's Burger Blaster.
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Porter’s Five Competitive ForcesIn order for a managerial team to develop an effective strategy, they first need to assess the conditions under which the organization is operating. This activity is important because in order to successfully formulate business-level strategy and be competitive, companies need to have an extensive understanding of their industries. Porter’s Five Forces Model is one tool for accomplishing this task.The goal of this activity is to test your knowledge of Porter’s Five Competitive Forces.Match each item to the force from Porter’s Five Competitive Forces that it best describes. 1 Threat of New Entrants 2 Rivalry Among Competitors 3 Bargaining Power of Suppliers 5 Threat of Substitute Products or Services Bargaining Power of Buyers 4 Match each of the options above to the items below. Apple introduced its Homepod to the home sound system market that had been previously dominated by Sonos. Walmart demanded that all its vendors cut their prices by 15 percent. If you don't like the price of something at your local store, you can probably find it online with two-day shipping at a lower price. Consumers are drinking less diet soda in favor of things like flavored zero calorie water and fresh juices. On Amazon, the average product's cost changes every ten minutes based on data the company collects including rivals' prices.
Answers
Matching the item with the given option: Apple introduces its Homepod to the home sound system market that had been previously dominated by Sonos. Threat of New Entrants. Walmart demanded that all its vendors cut their prices by 15 percent is Bargaining power of supplier.
What are the other matches of the option given?The matches are: If you don’t like the price of something at your local store, you can probably find it online with two-day shipping at a lower price: Bargaining power of Buyer. Customers are drinking less diet soda in favor of things like flavored zero calorie water and fresh juices. Threat of Substitute products or services.
On Amazon, the average product’s cost changes every ten minutes based on data the company collects including rival’s prices: Rivalry among competitors.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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When an employer treats some employees differently due to their race, religion, sex, national origin, or age, it is known as ________.
Answers
When an employer treats some employees differently due to their race, religion, sex, national origin, or age, it is known as Disparate Treatment.
Disparate treatment of an individual as an employee that's less favorable than treatment of others for discriminatory reasons as race, religion, national origin, sex, or disability.
Disparate treatment may be a thanks to prove illegal employment discrimination. An employee who makes a disparate treatment claim alleges that he or she was treated differently than other employees who were similarly situated, which the difference was supported a protected characteristic.
Disparate treatment occurs when a worker is treated differently than employees who don not have the identical protected characteristics.
Example of disparate treatments in business: Hiring on the premise of strength to favor male gender over female gender employees.
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It is a good idea to get and use an many credit cards as possible to build credit history. True False
Answers
Required information [The following information applies to the questions displayed below] Parker Inc has the following cash balances: Required: 1. Prepare the current assets and current liabilites section of Parker's 2021 balance sheet, assuming Parker reports under U.S (If there is no effect select "None" from the dropdown.)
Answers
Prepaing the current assets and current liabilities section of Parker Inc's 2021 balance sheet, I would require the specific cash balances, as well as information about other current assets and current liabilities.
Since the required information is missing from your question, I am unable to provide a complete response.
However, I can provide you with a general framework of the current assets and current liabilities section of a balance sheet. Please note that this is a general example, and the specific accounts and amounts would vary based on the company's operations and financial information.
Current Assets:
Cash and Cash Equivalents
Short-term Investments
Accounts Receivable
Inventory
Prepaid Expenses
Other Current Assets
Current Liabilities:
Accounts Payable
Accrued Expenses
Short-term Debt
Current Portion of Long-Term Debt
Income Taxes Payable
Dividends Payable
Other Current Liabilities
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Use the graph to answer the question that follows.
Which statement describes the shift from D1 to D2?
Demand for the product increased.
Less of the product is being produced.
Demand for the product decreased.
More of the product is being produced.
Answers
The statement that describes the shift from D1 to D2 is the demand for the product increased.
What does the shift from D1 to D2 signify?The graph represented in the image is that of a demand curve. A demand curve is a curve that shows the relationship between price and quantity demanded.
The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand.
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Answer:
Demand for the product increased!
Explanation:
option A
Elaine just accepted a new job and is working with the company's HR department to fill out
paperwork. Which of the following steps is she responsible for?
a. Determine how much tax to withhold from her paychecks based on W-4 information
b. Complete a W-4 form
c. Send withholding amounts to the
federal government
d. Complete a W-2 form
Answers
As a new person that has been accepted to the new Job that has to fill the HR of the company, what she is going to be responsible for would be to Complete a W-4 form.
What is a W-4 form?W-4 form is the term that is used to refer to the form that thet the people that are employed in a particular organization would have to fill. The form would have to tell the amount of money that the employee is to withhold from your pay as the tax that you are to pay to the government as your income.
The other term that the form is used to be called is the employee withholding certificate because of the work that the form is meant to achieve.
Hence we would have to say that the steps that Elaine is going to be responsible for filling would be the employee withholding for the business to take her federal taxes for the government.
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