Scenario 13-9 Ellie Has Been Working for an Engineering Firm and Earning

question 73

Multiple Choice

Scenario 13-9
Ellie has been working for an engineering firm and earning an annual salary of $80,000. She decides to open her own engineering business. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.
-Refer to Scenario 13-9. Ellie's annual accounting costs will equal

• A)$55,200.
• B)$75,200.
• C)$80,500.
• D)$165,700.

Master the use of file positioning functions for random access files.

Distinctively use various file writing methods.

Familiarize with the use of standard header files for file operations.

Understand the process and requirements for incorporating a business.

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Definitions:

Paraphrases

Restatements of text or passages, using other words, often to clarify meaning or show understanding.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Simultaneous Change

The occurrence of two or more changes at the same time, often within the same system or process.

Causation

Cause-and-effect linkage between two factors, where one of them causes the other to occur or change.