Which of the Following Is a Data Flow That Generally

question 16

Multiple Choice

Which of the following is a data flow that generally goes to government agencies?

• A) attendance time records
• B) job time records
• C) payroll contribution notice
• D) payroll tax reports

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Definitions:

Manufacturing Firms

Companies engaged in the industrial process of converting raw materials into finished products through human labor and machinery.

Disposable Income

The disposable income households have for expenditures and savings, post-income taxation.

C + I

A formula component in macroeconomics representing total private consumption (C) plus total private investment (I).

MPS

The marginal propensity to save, which is the fraction of an additional unit of income that is saved rather than spent.