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NASCLA TN Business and Law Exam Quizzes 2024 With 100% Correct Answers Guarantee Pass
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NASCLA TN Business and Law Exam Quizzes.pdf file:///C:/Users/HP/Desktop/New%20fo/NASCLA%20TN%20BusinNASCLA TN Business and Law Exam Quizzes
1. What shows the activity of duration and sequence of tasks to be complet-ed?
Answer bar chart
2. Which financial statement would one find depreciation on?
Answer income state-ment
3. Medical treatment can be defined as
Answer management and care of a patient
4. Establishing (blank) will ensure that your customer is aware of yourprogress
and of any concerns that might arise
Answer communication
5. (blank) is defined as including real estate, lands, tenements, and heredita-ments
Answer real property
6. This is not a purpose of marketing
Answer opening a checking account
7. What is the gross pay of a non exempt employee who works 50 hours during a
holiday week, and receives 8 hours additional pay for the holiday?
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The employee earns $13.50 per hour
Answer $850.50(13.5 x 48 = 648
20.25 x 10 = 202.50
648 = 202.50 = 850.50)
8. This is not used as a guideline when obtaining a bond...
Answer non experience
9. Use information from (blank) to help determine accurate job costs
Answer previousjobs
10. If an employee earns $112,000 per year, what is the TOTAL amount ofmedicare
that both employer and employee is to pay in?
Answer $3,248 (112,000 x (1.45 x 2) = 3,248)
11. Who pays into FUTA?
Answer employer
12. An entrepreneur is a
Answer person
13. (blank) absolves the indemnified party from any payment for losses anddamages
incurred by a third party
Answer indemnification
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14. Which Form is used forTennessee's Foreign Limited Partnership Registra-tion?
Answer SS-4473
15. Is insurance a guideline for a job description?
Answer no
16. An employer is liable to pay both state and federal employment taxesif wages to
employees total (blank) or more in any quarter of a calendar year
Answer $1,500
17. An independent contractor is usually paid by
Answer flat fee
18. What is the net income when there is an income of $92,000, expenses of
$24,000, and costs of goods sold is $34,000?
Answer $34,000
19. If D&K Construction's shareholders wish to limit their liabilities, theyshould
become a
Answer C Corporation
20. When starting a business, the first thing one should decide is
Answer the legalstructure of the business
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