Law misc Study guides, Class notes & Summaries

HRB-27 Final Exam Review Questions And Answers WITH VERIFIED SOLUTIONS GRADED A+ What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? - Answer Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? - Answer • Under the accrual method, total sales and total charges for services are included in ...

The Payroll Source CPP Practice Exam 100 Questions with Verified Answers Which of the following is LEAST likely to be considered when looking at the security of a new payroll system? A. regular data back-up and storage B. protection against computer viruses C. limited system access D. system edits - CORRECT ANSWER D. system edits Company deadlines for payroll data input documents are essential for: A. timely processing of the payroll B. accurate entry of data C. guaranteeing that al...

MULTIPLE CHOICE 1. At an annual meeting of the Academy of Criminal Justice Sciences several years ago, then director of the FBI, , gave a preview of things to come. a. Samuel Sessions b. William S. Sessions c. William Baird d. General Sessions 2. Sessions expressed three specific needs at the Academy of Criminal Justice Sciences meeting. Select the answer that contains all three. a. Improving ways of identifying criminals, identifying crime trends, improving ways of identifying stolen ...

Self-Assessment MULTIPLE CHOICE 1. At an annual meeting of the Academy of Criminal Justice Sciences several years ago, then director of the FBI, , gave a preview of things to come. a. Samuel Sessions b. William S. Sessions c. William Baird d. General Sessions 2. Sessions expressed three specific needs at the Academy of Criminal Justice Sciences meeting. Select the answer that contains all three. a. Improving ways of identifying criminals, identifying crime trends, improving ways of id...

HELOC - collect answerHome Equity Line of Credit Construction Loan - collect answerA short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses or is converted to a mortgage. Reverse Mortgage - collect answerA loan based on the equity in a home that provides homeowners with tax-free income and is paid back with interest when the home is sold or the homeowner dies. No payment as long as the borrower ...

Who are the stakeholders in the loan process? - collect answerThe stakeholders in the loan process are: the borrower, the lender, the contracting company, and the NSA(Notary Signing Agent) Who hires an NSA? - collect answerAn NSA is hired by a contracting company to provide signing services and oversee the actual loan signing with the borrower. What is a contracting company? - collect answerA closing company could be: -closing agent -bank -esc

Phase 3 Exam (FVTC 720 Hour Academy) Latest Updated Already Passed Ch. 940 Crimes against life and bodily security Ch. 943 Property crimes Ch. 961 Drugs Goal of SFST's Increase OWI deterrence and decrease alcohol related crashes, death, and injuries OWI Arrest Violation ratio 1 to 2,000 What category is alcohol in? CNS Depressant Average BAC in Wisconsin .17% Radar Checklist Visual observation Audio confirmation Unit confirmation RADAR Radio detection and ran...

What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? - Answer- Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? - Answer- • Under the accrual method, total sales and total charges for services are included in income even though payment may be received in another tax year. • Under the cash...

HELOC - collect answerHome Equity Line of Credit Construction Loan - collect answerA short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses or is converted to a mortgage. Reverse Mortgage - collect answerA loan based on the equity in a home that provides homeowners with tax-free income and is paid back with interest when the home is sold or the homeowner dies. No payment as long as the borrower ...

What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? - Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? - • Under the accrual method, total sales and total charges for services are included in income even though payment may be received in another tax year. • Under the cash method, only in...