At the End of the Year,your Employer Will Provide You

question 8

Multiple Choice

At the end of the year,your employer will provide you with a statement listing your total wages for the year.This is known as a Form

• A)W-4.
• B)W-2.
• C)1040.
• D)1040a.

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Definitions:

Inventory

The total amount of goods or materials held by a company for the purpose of resale or production.

Produces

To create, manufacture, or bring forth goods or services.

Managerial Accounting Information

Accounting information aimed at helping managers within the organization make decisions.

External Users

Individuals or entities outside a company who rely on financial information to make decisions, such as investors, creditors, and regulatory bodies.