Which of the Following Is True

question 10

Multiple Choice

Which of the following is true?

• A)Hedge funds tend to facilitate more M&As
• B)Hedge funds tend to have a dampening effect on M&As
• C)Hedge funds are neutral as it relates to M&A activity
• D)None of the above

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Definitions:

Unemployment Taxes

Taxes paid by employers to fund unemployment insurance programs for workers who lose their jobs.

FIT Payable

Federal Income Tax Payable, a liability account that represents the amount of federal taxes a company or individual owes to the tax authorities.

FUTA Payable

The liability account for the federal unemployment tax that employers must pay on behalf of their employees.

SUTA Payable

The liability account used to record the amounts owed by an employer for state unemployment taxes.