ValuTech Is a Large-Scale Software Company

question 30

Multiple Choice

ValuTech is a large-scale software company.Which of the following,if true,is a lagging indicator of staffing?

• A)The company's image was tarnished by a spate of lawsuits which resulted in the resignation of several members of the top management.
• B)The company has witnessed a drop in demand for its products and services over the last six months due to recessionary trends.
• C)The company relaxed its hiring standards at the time of recruitment and new hires are struggling to keep pace with the dynamic work environment.
• D)The industry-wide adoption of new technologies has resulted in several firms redefining their job requirements.

---

Definitions:

Tax Liability

The cumulative taxes that must be paid to a taxing authority by an individual, corporation, or other legal entity.

Married Couple

Married Couple refers to two individuals who are legally married to each other and are recognized as a married pair for legal and tax purposes.

Taxable Income

The portion of an individual’s or entity's gross income that is subject to taxes, after accounting for deductions and exemptions.

Dependency Exemption

A tax deduction available to taxpayers for each qualifying dependent, reducing the taxable income. It has been suspended for tax years 2018 through 2025 under the 2017 Tax Cuts and Jobs Act.