Which of the Following Forms Should Be Used by a Company

question 66

Multiple Choice

Which of the following forms should be used by a company to report a 2019 payment of $1,500 to a computer consultant who is not an employee of the company?

• A)Form 1099-INT
• B)Form W-4
• C)Form W-2
• D)Form 1099-DIV
• E)Form 1099-MISC

---

Definitions:

Kinked Demand Curve

A demand theory in oligopolistic markets where firms face a steeper demand curve for price increases and a flatter curve for price decreases due to competitive pricing behaviors.

Price Cuts

Reductions in the selling price of goods or services, often used as a strategy to increase demand or market share.

Profit-Maximizing Firm

A business whose primary objective is to achieve the highest possible profits through its operations and investments.

Market Share

The part of the market under the control of a specific company or product.