There Is Strong Evidence That Entrepreneurs Are Characteristically

question 174

Multiple Choice

There is strong evidence that entrepreneurs are characteristically

• A)driven by greed.
• B)overoptimistic.
• C)not good business people.
• D)satisfied with the status quo.

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Definitions:

FUTA

The Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.

Federal Unemployment Tax

A tax imposed on employers to fund state workforce agencies. Employers pay this tax to finance unemployment compensation benefits for out-of-work employees.

Income Tax Payable

The amount of income tax that a company or individual owes to the government but has not yet paid.

Income Tax Expense

The cost incurred by businesses and individuals due to earnings taxed by federal, state, and local governments.