Because Every Company Is Almost Certain to Experience a Bad

question 34

Multiple Choice

Because every company is almost certain to experience a bad year or two,holding on to stock for only one year

• A)is not a very sound investment decision.
• B)is a very sound investment decision.
• C)is a good idea for those who may need to liquidate their investment quickly.
• D)diversifies one's portfolio risk.

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Definitions:

SUTA Tax

The State Unemployment Tax Act tax, a payroll tax that employers pay to fund the state's unemployment insurance.

Payroll Data

Information related to employees' salaries, wages, bonuses, and deductions, essential for processing payroll and ensuring accurate financial records.

Gross Earnings

The total income earned by an individual or business before any deductions like taxes or expenses are subtracted.

Sales Taxes Payable

Liabilities for sales taxes collected from customers on behalf of governmental authorities, which are to be remitted to those authorities.