Exhibit 17 -Refer to Exhibit 17

question 52

Multiple Choice

Exhibit 17.1
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) $$\begin{array} { c c c c c c c c c } \text { Company } & \text { Ticker } & \text { Coupon } & \text { Maturity } & \begin{array} { c } \text { Last } \\\text { Price }\end{array} & \begin{array} { c } \text { Last } \\\text { Yiel }\end{array} & \begin{array} { c } \text { EST } \\\text { Spread }\end{array} & \text { UST } & \begin{array} { c } \text { Est } \$ \text { Vol } \\( 000 \text { s) }\end{array} \\\hline \text { Gen Elec } & \text { GE } & 4.75 & 9 / 15 / 2019 & 99.544 & 4.808 & 62 & 10 & 158736\end{array}$$
-Refer to Exhibit 17.1. What is the capital gains/loss yield on this bond?

• A)-0.038%
• B)0.456%
• C)0.038%
• D)-0.456%
• E)None of the above

Recognize the accounting treatment for contingencies, including lawsuits and uncertainties, and their disclosure requirements.

Explain the employer's payroll responsibilities and the significance of accurate payroll recordkeeping.

Calculate the impact of FICA taxes on both employee and employer.

Understand unemployment insurance programs and the taxes associated with them, including FUTA and SUTA.

---

Definitions:

Probability Function

A mathematical function that determines the likelihood of various potential outcomes for an experiment.

Interval

A range of numbers between two specified limits, often used in the context of confidence intervals in statistics.

Relative Frequency

The ratio of the number of times a value occurs to the total number of observations in a dataset.

Population

The entire group of individuals or items from which samples may be drawn for statistical analysis.