1 for specific request mail
TN Business and Law Exam Questions and Correct
Answers | Latest Update
What shows the activity of duration and sequence of tasks to be
completed? Ans: bar chart
Which financial statement would one find depreciation on? Ans: income
statement
Medical treatment can be defined as: Ans: management and care of a
© 2026 Assignment
patient
Establishing (blank) will ensure that your customer is aware of your
progress and of any concerns that might arise Ans: communication
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Expert
(blank) is defined as including real estate, lands, tenements, and
hereditaments Ans: real property
This is not a purpose of marketing: Ans: opening a checking account
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? The employee earns $13.50 per hour Ans: $850.50
(13.5 x 48 = 648
20.25 x 10 = 202.50
648 = 202.50 = 850.50)
This is not used as a guideline when obtaining a bond... Ans: non
experience
Use information from (blank) to help determine accurate job costs Ans:
previous jobs
If an employee earns $112,000 per year, what is the TOTAL amount of
medicare that both employer and employee is to pay in? Ans: $3,248
, 2 for specific request mail
(112,000 x (1.45 x 2) = 3,248)
Who pays into FUTA? Ans: employer
An entrepreneur is a Ans: person
(blank) absolves the indemnified party from any payment for losses and
damages incurred by a third party Ans: indemnification
Which Form is used for Tennessee's Foreign Limited Partnership
Registration? Ans: SS-4473
© 2026 Assignment
Is insurance a guideline for a job description? Ans: no
An employer is liable to pay both state and federal employment taxes if
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wages to employees total (blank) or more in any quarter of a calendar
Expert
year Ans: $1,500
An independent contractor is usually paid by Ans: flat fee
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? Ans: $34,000
If D&K Construction's shareholders wish to limit their liabilities, they
should become a Ans: C Corporation
When starting a business, the first thing one should decide is Ans: the
legal structure of the business
FUTA tax base and tax rate is generally calculated at? Ans: current
prevailing rate
Which of the following insurance will protect an organization's officers
from liability? Ans: D and O
Worker's compensation is paid for by the Ans: employer
The following insurance provides coverage when damage has been
caused by a flood Ans: named-peril
TN Business and Law Exam Questions and Correct
Answers | Latest Update
What shows the activity of duration and sequence of tasks to be
completed? Ans: bar chart
Which financial statement would one find depreciation on? Ans: income
statement
Medical treatment can be defined as: Ans: management and care of a
© 2026 Assignment
patient
Establishing (blank) will ensure that your customer is aware of your
progress and of any concerns that might arise Ans: communication
Guru01 - Stuvia
Expert
(blank) is defined as including real estate, lands, tenements, and
hereditaments Ans: real property
This is not a purpose of marketing: Ans: opening a checking account
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? The employee earns $13.50 per hour Ans: $850.50
(13.5 x 48 = 648
20.25 x 10 = 202.50
648 = 202.50 = 850.50)
This is not used as a guideline when obtaining a bond... Ans: non
experience
Use information from (blank) to help determine accurate job costs Ans:
previous jobs
If an employee earns $112,000 per year, what is the TOTAL amount of
medicare that both employer and employee is to pay in? Ans: $3,248
, 2 for specific request mail
(112,000 x (1.45 x 2) = 3,248)
Who pays into FUTA? Ans: employer
An entrepreneur is a Ans: person
(blank) absolves the indemnified party from any payment for losses and
damages incurred by a third party Ans: indemnification
Which Form is used for Tennessee's Foreign Limited Partnership
Registration? Ans: SS-4473
© 2026 Assignment
Is insurance a guideline for a job description? Ans: no
An employer is liable to pay both state and federal employment taxes if
Guru01 - Stuvia
wages to employees total (blank) or more in any quarter of a calendar
Expert
year Ans: $1,500
An independent contractor is usually paid by Ans: flat fee
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? Ans: $34,000
If D&K Construction's shareholders wish to limit their liabilities, they
should become a Ans: C Corporation
When starting a business, the first thing one should decide is Ans: the
legal structure of the business
FUTA tax base and tax rate is generally calculated at? Ans: current
prevailing rate
Which of the following insurance will protect an organization's officers
from liability? Ans: D and O
Worker's compensation is paid for by the Ans: employer
The following insurance provides coverage when damage has been
caused by a flood Ans: named-peril
