Micropreneurs are exempt from the local ordinances that restrict home-based businesses from operating in residential areas.

a. True

b. False

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage."

An example of a Type II event or condition is an uncollectible account receivable resulting from deterioration in a customer's financial condition prior to year end, about which the entity is unaware.

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,800 uncollectible account of its customer, A. Hopkins.

When boating on a river, you may encounter strainers. what is the danger of a strainer?

A disadvantage of the corporate form of business entity is

Fred brings home 100 lbs of potatoes, which (being purely mathematical potatoes) consist of 99 percent water. he then leaves them outside overnight so that they consist of 98 percent water. what is their new weight?

If businesses follow regulations, financial disasters are far less likely. A. True B. False

What is the amount of Justin and Jenna's earned income tax credit reported in the payments section on page 2 of their tax return?

What is a master budget? What are some of the underlying budgets that form the master budget? What is the budgeting process at your organization? Is it effective? Why or why not?

Determine the total allowable 2017 earned income credit in each of the following situations: a. Rina is single and earns $6,800 in salary for the year. In addition, she receives $2,200 in unemployment compensation during the year. b.