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MsDeveco's 2011 Income Tax Return Is Due on April 30

question 55

Multiple Choice

Ms.Deveco's 2011 income tax return is due on April 30, 2012 While she is too busy to file her tax return on that date, she remits a check to the government for $10,000, her esti- mated amount of net tax owing on that date.She has never filed a late return before.She prepares and files her tax return on May 31, 2012.At this time, the return shows that her actual net tax owing was $9,800.Assuming that the interest rate applicable to late pay- ment of taxes is one-half percent per month without daily compounding, how much will she owe in penalties and interest on the late filing?

Differentiate various types of online communities and their target audiences.

Describe the function and use of instant messaging in both personal and professional contexts.

Understand the characteristics and uses of digital media files, particularly podcasts.

Recognize the structure and purpose of internal corporate communication platforms and their similarities to the internet.

Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their businesses gain a competitive advantage.

Group Insurance

A type of insurance plan that covers a defined group of people, typically employees of a business, offering benefits due to sickness, disability, or death.

HR Function

The set of responsibilities and practices within an organization focused on managing and developing its human capital, including recruitment, training, and employee welfare.