Law misc Study guides, Class notes & Summaries

Fiscal Law Final Exam QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUESTION 3 1. How long does the Department of Defense ...

HRB-27 Final Exam Review (H&R Block Ch 27 Final Exam Review) with Correct Answers What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? - Answer ️️ -Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? - Answer ️️ -• Under the accrual method, total sales and total charges for services ...

Under the Internal Revenue Code (IRC), an employer has the following obligations for employees: correct answers Withholding income tax Withholding social security tax Withholding Medicare tax Paying employer's share of social security tax Paying employer's share of Medicare tax Paying federal unemployment tax Name several types of workers correct answers Common Law Employee Independent Contractor Statutory Employee Statutory Nonemployee Temporary Help Agency Employee Leased ...

A Notary Signing Agent is required to have a background screen when? - collect answersEvery year to maintain industry standards When should the notary signing agent ask if the date and time of the signing appointment has been set and also if there are any additional stipulations needed to complete this closing? - collect answersOn the initial phone call with the contracting company A notary signing agent just received documents for a closing scheduled in 1 hour but will not have time to re...

Signing Notary Test #1 # 2023 with 100% collect questions and answers

What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? - Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? - • Under the accrual method, total sales and total charges for services are included in income even though payment may be received in another tax year. • Under the cash method, only in...

The Notary Signing Agent is also the settlement or closing agent in the transaction. - collect answerFalse The Notary Signing agent is hired as an independent contractor. - collect answerTrue Notary Si

FPC Certification Exam 62 Questions with Verified Answers FLSA - CORRECT ANSWER Fair Labor Standards Act Journal - CORRECT ANSWER Debits and credits to a specific ledger accout Is batch processing interactive? - CORRECT ANSWER No By when must employers inform employees to submit a new W-4 if marital status or # of allowances have changed? - CORRECT ANSWER December 1st Are non qualified deferred compensations plans subject to contribution limits? - CORRECT ANSWER No What plans a...

DEA Form 222 - Answer--Used to order C-ii meds, -copy 1 & 2 sent to supplier, copy 3 retained at pharmacy -valid for 60 days -1 item per line, 10 items per order -retained in pharmacy for 2 years DEA Form 106 - Answer--Filled out when there is theft or loss of controlled substance. DEA Form 41 - Answer--The breakage or spillage of controlled substances, does not constitute a loss. -Retail 1 per year, inpatient as many per year. DEA Form 224 - Answer-To dispense controlled substances DEA...

Notary Signing Agent - collect answersA notary who specifically trained to handle and notarized loan documents; plays a critical role in many mortgage transactions nationwide The Five Requirements - collect answersThe created five standards required of all NNA NSA candidates: 1. Signing and adhering today the notary signing agent code of conduct 2. Passing and annual certification examination 3. Submitting to an annual background screening 4. Using the sig