Which One of the Following Statements Concerning the Work Opportunity

question 17

Multiple Choice

Which one of the following statements concerning the work opportunity tax credit is not true?

• A)The employer's current wage expense must be reduced by the amount of the jobs tax credit elected for the current year.
• B)The purpose of the credit is to encourage the hiring of persons from under-hired groups.
• C)To qualify, an individual must obtain certification from a designated local agency.
• D)The credit is available only for entry level jobs, or those paying less than $12,000 per year.

Recognize the initial recording and subsequent measurement of noncurrent liabilities.

Understand the relationship between market rate, stated rate, and the issuance price of bonds.

Understand the distinction between cost centers, profit centers, and investment centers.

Identify direct and indirect expenses and understand their treatment in departmental costing.

---

Definitions:

Listening Comprehension

refers to the ability to understand the meaning and implications of auditory messages and spoken language.

Efficiency

The ability to achieve a goal or complete a task with minimum waste of time, effort, and resources.

15 Percent

A figure that typically represents a portion, fraction, or rate equating to fifteen out of every hundred or 15% of a total.

Meta-Communication

Communication about communication, which includes the underlying messages, context, and cues beyond the literal meaning of words.