In Which of the Following Situations Is the Individual Is

question 96

Multiple Choice

In which of the following situations is the individual is an independent contractor rather than an employee?

• A)a nurse who is directly supervised by doctors in an office
• B)a computer programmer who is instructed as to what projects to undertake,programming language and format,and hours of work
• C)a nurse who travels to several different patients.She sets her own hours and is responsible for the delivery of nursing care and end result
• D)a teacher whose hours,classroom responsibilities,content and methods of instruction are established by the school

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Definitions:

Invoice Terms

The conditions stipulated on an invoice, including payment due date, discount opportunities for early payment, and penalties for late payment.

n/30

Payment terms indicating the net amount is due in full within 30 days.

Estimated Returns Inventory

A current asset that is reported on the balance sheet after inventory.

Adjusting

The process of making entries to correct accounts or to account for accruals and deferrals in the accounting cycle.