Match Each of the Following Terms with the Appropriate Definitions

question 34

Multiple Choice

Match each of the following terms with the appropriate definitions.
-Known obligations of an uncertain amount that can be reasonably estimated.

• A)Long-term liability
• B)Warranty
• C)FUTA taxes
• D)FICA taxes
• E)Contingent liability
• F)Net pay
• G)Withholding allowance
• H)Estimated liability
• I)Merit rating
• J)Wage bracket withholding table

---

Definitions:

Environmental Forces

External factors such as social, economic, technological, competitive, and regulatory conditions that influence an organization's operations.

French Organizations

are entities or groups operating in France, often characterized by specific cultural and regulatory frameworks unique to the French context.

Decision-Making Process

A series of steps that an individual or group takes to identify and evaluate options to make a choice.

Political Model

A framework describing the power dynamics, decision-making processes, and conflict resolutions within organizations, often highlighting competition among different interests.