Marginally Attached Workers Are Workers Who Leave the Labor Force

question 65

Multiple Choice

Marginally attached workers are workers who leave the labor force because of:

• A) the difficulty of finding transportation.
• B) their inability to find jobs.
• C) difficulty of finding appropriate childcare.
• D) All of the above are correct.

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Definitions:

Deferred Income Taxes

Taxes applicable on income that is recognized in financial statements in one period but is taxable in another period.

Income Taxes Payable

Income taxes payable is a liability account on a company's balance sheet representing the amount of income taxes that the company owes to the government but has not yet paid.

Discount on Bonds Payable

The difference between the face value of a bond and the lower price at which it is sold, representing additional interest expense to the issuer over the bond's life.

Interest Expense

Costs incurred by an entity for borrowed funds, which are recognized on the income statement.