Which of the Following Factors, If Any, Is a Characteristic

question 78

Multiple Choice

Which of the following factors, if any, is a characteristic of independent contractor status?

• A)Services are performed for more than one business.
• B)Receipt of a Form 1099 reporting payments received.
• C)Workplace fringe benefits are not available.
• D)Work-related income and expenses are reported on Schedule C (Form 1040).
• E)All of these are characteristic of independent contractor status.

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Definitions:

Par

The face value of a bond or other financial instrument, typically the amount at which it will be paid out upon maturity.

Yield

The earnings generated from an investment, including interest or dividends, that result from owning a specific financial instrument.

Premium Bond

A bond sold for more than its face value, typically occurring when its interest rate is higher than the current market rate.

Market Price

The ongoing rate at which a marketplace values the buying or selling of assets or services.