The step in attributes sampling that is most closely related to identifying key controls corresponding to the relevant management assertions is: Define the deviation condition.
Attributes sampling is a method of measuring the quality of a group of things by examining only a portion of the items and identifying whether each one meets specific characteristics or not. A specific group of items is examined in the sample; these characteristics, or "attributes," are identified for each item. Example of attributes that can be tested using attributes sampling are, if a bookkeeper made any errors or mistakes, if the invoice contains the right quantity and quality of goods, and if a product adheres to the product description.
The following steps are used in attribute sampling: Determine the objective of sampling Define the population Define the deviation condition Determine the sample size Select the sample Carry out the inspection Evaluate the outcome. The correct answer is Define the deviation condition.
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Does anyone know what the definition of expanding manufacturing is?
Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?
Answer:
The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.
Explanation:
The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person
What is the insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.
($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.
Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.
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(2) _____ is the federal branch responsible for creating guidelines and monitoring workplace safety.
WPS
USPS
FCC
OSHA
OSHA (Occupational Safety and Health Administration) is the federal branch responsible for creating guidelines and monitoring workplace safety.
OSHA is part of the United States Department of Labor and is tasked with ensuring that employers provide a safe and healthy work environment for their employees. OSHA sets standards for workplace safety, conducts monitoring inspections, and provides training and education to help employers and employees understand and comply with these standards. OSHA's mission is to prevent work-related injuries, illnesses, and deaths by promoting and enforcing safe and healthy working conditions. The agency also encourages employers to create economy and maintain effective safety and health programs to reduce the risk of workplace accidents and injuries.
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Hermosa Vista Company issued $240,000 5-year, 8.00% bonds and received $244,855 in cash. The market rate of interest when the bonds were issued was 7.50%. What is the amount of interest expense to be recorded for the first annual interest period if the company uses simplified effective-interest amortization
The amount of interest expense to be recorded for the first annual interest period using simplified effective-interest amortization can be calculated as follows:
1. Determine the annual interest payment:
Annual interest payment = Face value of the bond x Coupon rate
= $240,000 x 8.00%
= $19,200
2. Calculate the effective interest rate using simplified effective-interest amortization:
Effective interest rate = (Cash received / Face value of the bond) x (1 / Number of years to maturity)
= ($244,855 / $240,000) x (1 / 5)
= 8.14%
3. Calculate the interest expense for the first year:
Interest expense = Beginning balance of the bond x Effective interest rate
= $240,000 x 8.14%
= $19,536
Therefore, the amount of interest expense to be recorded for the first annual interest period is $19,536.
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in the third step of the strategic management process, managers should:
In the third step of the strategic management process, managers should: Establish the organization's objectives .
Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.
When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.
When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.
Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.
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Identify and explain one advantage and one disadvantage of leasing all the equipment used in the business.
Answer:
Advantage Is You Save Money, Disadvantage Is The Way That There's Not Enough Or Its Not Good Enough
Explanation:
Basically Yea
a fixed-price contract is useful and appropriate when
organizational culture refers to ________
Organizational culture refers to the proper way to conduct and behave within an organization.
Organizational culture refers to the way of behaving within organizations. The organizational culture involves the common beliefs, expectations, values, and practices established by the concerned authority that guide and direct the actions of employees working in the organization. A positive organizational culture is vital to establishing the characteristics necessary for the success of the organization.
Since positive organizational cultures provide a base for improved performance, there are multiple outcomes associated with them such as raising market shares, improving organizational outcomes, boosting work attitude, making customers more satisfied, and increasing the financial performance of the business.
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Dynamic tax analysis is based on the recognition that as tax rates are increased Group of answer choices tax revenue collections will increase at a faster rate than the tax rate change. tax revenue collections will continually increase. tax revenue collections will eventually decline. tax revenue collections will change at the same rate as the tax rates.
Dynamic tax analysis is a concept that recognizes the impact of tax rate changes on tax revenue collections. It is based on the understanding that when tax rates are increased, the collection of tax revenue will not necessarily increase at the same rate. Rather, tax revenue collections will increase at a faster rate than the tax rate change. This is because as tax rates increase, individuals and businesses may alter their behavior in response to the change.
For example, if taxes on cigarettes are increased, some individuals may choose to quit smoking or reduce their consumption, resulting in a decrease in tax revenue collections from cigarettes. On the other hand, if taxes on luxury goods are increased, individuals with higher income levels may continue to purchase these goods, resulting in an increase in tax revenue collections from luxury goods.
Overall, dynamic tax analysis recognizes that tax rate changes can have complex and varying impacts on tax revenue collections. It is an important tool for policymakers to consider when making decisions about tax policy, as it can help to inform them of the potential outcomes of different tax rate changes.
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Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal. You'll feel more full and eat less. No other diet pill offers what our product does - and for a limited time, if you buy now you can get two bottles of Edgozene for just $29.95! Which of these statements from the advertisement are facts? Check all that apply. A) Losing weight is easy with Edgozene. B) You will lose weight and feel healthier if you take Edgozene. C) You will receive two bottles of Edgozene when you order. D) Edgozene costs $29.95. E) You won’t eat as much if you take Edgozene.
Answer:
C) You will receive two bottles of Edgozene when you order.
D) Edgozene costs $29.95.
Explanation:
We assume that 1 order costs $29.95 and delivers 2 bottles. (That is, we assume that you cannot order 1 bottle for $14.98.) Under that assumption, the cost is $29.95 (D) and the amount delivered is 2 bottles. (C)
There is no way to determine whether any other claims are facts, or not. As a rule, feelings experienced when eating are a function of a lot more than just a diet pill. That is, you may or may not eat less when/if you feel more full.
Answer:
c,d
Explanation:
Which of the following types of software is best suited for tasks that are unique to a
particular business?
A) collaborative
B) custom
C) groupware
D) packaged
E) ready-made application
Answer: B
Correct, the best suited type of software for tasks that are unique to a particular business is custom software (option B).
Custom software refers to software that is specifically developed or tailored to meet the unique requirements and needs of a particular business. It is designed and built from scratch, taking into account the specific processes, workflows, and functionalities of the business. Custom software provides the flexibility to address the specific challenges and requirements of the business, offering a highly customized and tailored solution. This type of software is often developed by a team of software developers or hired professionals who work closely with the business to understand its unique needs and build a solution accordingly. In contrast, other options like collaborative software, groupware, packaged software, or ready-made applications are more generic and may not offer the same level of customization and fit for a specific business's unique tasks.
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When should agile teams make time for innovation? (choose 1)
when there are enabler stories in the backlog
continuously throughout the program increment
only during innovation and planning iteration
at a consistent time each day during the iteration
Throughout each program increment, agile teams ought to consistently schedule time for innovation. Therefore, the Agile Release Train teams should carry out the innovation activities throughout the Program Increment (the eight to twelve weeks) to guarantee that the PI is carried out in an innovative and creative manner.
Why the deft approach is reasonable for advancement the board?By allowing for incremental steps to be taken, using an agile methodology for innovation will lessen the likelihood of disrupting existing procedures. Additionally, as customer/client input is essential to the development of each iteration, make sure that feedback and customer involvement are incorporated into these processes.
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Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
You are writing a long, complex document in which you need to explain a series of events that led to a problem, evaluate several possible options for solving that problem, and present the most important factors to consider in making a decision. Which pattern of organization would be most effective?.
Let’s say that you’re the general manager at a nice hotel. Suddenly, you notice that customers are rating your property two and three stars instead of the customary five stars you and the team are used to earning. You need to decide on the next steps to solve this issue. Let’s start right at the top of the rational decision-making model.
Understand the issue. The issue is clear to you. Customers are rating their experience at your property online, and they’re not happy. This will surely damage your team’s efforts to generate new business. You need to find a way to earn better customer ratings. Define the problem. You and your team sit down and read the last twenty or thirty customer reviews on three different travel sites. It turns out that customers’ unhappiness coincides with a recent increase in rates. They no longer feel they’re getting good value for their money. Define the objectives. What criteria will your solution have to meet? Your want to start getting better ratings from customers. You don’t want to see customers complaining about anything online. Your objective is 100% happiness, 100% five-star ratings. Diagnose the problem. This is the stage where you look to determine and understand the root causes of your issue. Perhaps you decide that all customer-facing staff report daily on quality issues. And maybe you consult with operations on additional perks that can be incorporated into the guest experience without giving away too much margin. Develop alternatives. You ultimately want to create a lengthy list of alternatives and not decide on one too quickly. You look over your employees’ reports on quality. You wait on operations for recommendations on extra perks. You collect all the data. Evaluate alternatives. Once you have all your alternatives on the table, you can start to make a choice. Every employee suggestion, every operations recommendation should be in front of you, and you consider each option carefully. Select an alternative. One of your employees has suggested two additional members for the housekeeping staff, as the current level of staff is having difficulty keeping up with the increase precipitated by an office building opening up down the street. A member of your operations team has suggested providing a continental breakfast for business travelers in response to the increase in that customer type. Both seem like good ideas. Which will provide the bigger impact? Implement alternative. You decide to hire the two additional members for the housekeeping staff, understanding that your customers view quality in clean rooms and common spaces. You get the budget approved and post for those two jobs. You make a plan to check-in at the thirty-day mark to see if customers’ ratings have improved.
Organizations make decisions every day, and, as we mentioned earlier, the better and quicker they do so, the more successful they will be. But what kind of techniques and tools do organizations employ to make good decisions? What are the obstacles and how can a good, creative decision give an organization a leg up on the competition?
The Decision Making Process
“To be or not to be: that is the question.” Hamlet lamented.
“Should I stay or should I go now?” The Clash asked.
“Two roads diverged in a yellow wood,” Robert Frost pointed out.
If you’re struggling to make a decision, you’re in good company. Literature, poetry and pop culture provide plenty of sympathy for your plight. Sadly, while they understand your pain, they don’t always sing you to the correct resolution. When it comes to making a decision, in business or in life, how can you be sure you’re doing the right thing?
Well, we wouldn’t be writing songs about making decisions if it were an easy task. That said, researchers have studied the decision-making process as much as anything else, and they’ve come away with some different ideas and models that help us understand how we can make decisions more carefully and successfully. Let’s take a look at the five best known of those decision making models.
Rational Decision Making
The rational decision making model assumes decisions are based on an objective, orderly, structured information gathering and analysis. The model encourages the decision maker to understand the situation, organize and interpret the information, and then take action. There are eight steps in the rational decision making process.
What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answer:
A
Explanation:
because they are good
joy corp. builds a new office building. the average accumulated expenditures were $2,000,000. joy borrows $1,500,000 on a construction loan specifically to build the office building. the interest rate on the construction loan is 6%. joy also has an additional loan outstanding for $3,000,000, with an interest rate of 8%. what is the amount of interest that joy should capitalize on the self-constructed office building?
Answer: Joy (who is in serious trouble) will owe $90,000 dollars on the office buildings construction and $240,000 dollars on the other loan. Also Joy has gone over her budget $2,830,000 dollars and needs to file for bankruptcy.
One to two sentences, explain what happens to a production possibilities curve if a natural disaster creates a scarcity of a key resource needed to make a product. Explain why this happens.
A natural disaster causing a scarcity of a key resource necessary for production will result in a shift inward or to the left of the production possibilities curve.
This occurs because the reduced availability of the key resource limits the economy's ability to produce the affected product, leading to a decrease in overall production capacity.
As a result, the economy's production possibilities are constrained, and it is forced to operate at a suboptimal level.
The scarcity of the key resource disrupts the balance between the production of different goods, leading to a decrease in potential output.
The economy will need to allocate its limited resources and adjust its production mix accordingly, potentially focusing on alternative products or finding substitutes for the scarce resource in order to maximize production under the new constraints imposed by natural disaster-induced scarcity.
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the total cost of an asset less its accumulated depreciation is called
Answer:
Depreciation is called its net cost or carrying amount.
if the economy is operating at full employment and there is a substantial increase in the money supply, the quantity theory of money predicts an increase in
If the economy is operating at full employment and there is a substantial increase in the money supply, the quantity theory of money predicts an increase in the price level.
According to the quantity theory of money, there is a direct relationship between the money supply and the price level in the economy. When the money supply increases while the economy is at full employment, people have more money to spend on goods and services.
As the demand for goods and services rises due to the increase in money supply, producers can raise their prices, leading to an increase in the price level. Thus, the quantity theory of money predicts that an increase in the money supply will lead to inflation, assuming that the economy is already at full employment.
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Usa manufacturing issued 30-year, 7.2 percent semiannual bonds 6 years ago. the bonds currently sell at 101 percent of face value. what is the firm's aftertax cost of debt if the tax rate is 21 percent?
As per the bond price, the firm's after tax cost of debt if the tax rate is 21% is 3.52%
The bond in economics contains the interest payments a mandatory expense, while dividends are assumed to be optional. and here we have to know that is why interest expenses are tax deductible and dividends are not.
Here let us consider that
P refers bond price = 101% * 1,000 = $1,010
C refers bond coupon = 7.2% / 2 * 1,000 = $36
n refers number of semiannual periods = 24 * 2 = 48
Then here we will first find the semiannual yield, r, by using the bond price formula as
=> r = 3.71%
Then the yield of maturity is calculated as,
=> YTM = 3.52%.
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How much amortization expense is included in kingbird income for the year ended december 31, 2019? New questions in Business.
The main answer to your question is that I cannot provide you with the exact amount of amortization expense included in Kingbird income for the year ended December 31, 2019 without more information.
In order to determine the amount of amortization expense included in Kingbird income for the year ended December 31, 2019, we would need access to Kingbird's financial statements for that period. Amortization is an accounting term that refers to the allocation of the cost of an intangible asset over its useful life. Examples of intangible assets that may be subject to amortization include patents, copyrights, trademarks, and goodwill.
Typically, amortization expense is reported in the income statement as a separate line item or as part of the cost of goods sold or operating expenses. However, the specific accounting treatment for amortization may vary depending on the company's accounting policies and the nature of the intangible assets involved.
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5.1 The Implementing Function
Putting a strategy into action is what is meant by implementation. Beginning with a specific issue they want to address or a strategy they want to implement, managers create a plan to address it.
What is the purpose of implementation?The act of carrying out a plan, a method, or any other design, idea, model, specification, standard, or policy is known as implementation. As a result, for something to actually occur, action must come after any previous thinking.
What is the C implementation of a function?Functions in C have to be defined before they may be utilized. They can either be stated in a header file or at the start of the C code and then implemented afterwards, or they can be implemented in the order they are used (less preferable).
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Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?
Assuming the owner has a policy with $60,000 coverage. The amount that the owner collect for his loss is $30,000.
Policy coverageIn order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.
And since house has a policy coverage of the amount of $60,000. Based on this the minimum requirement is 75 percent which mean that the policy will pay only 75 percent of the loss or $30,000.
Inconclusion the amount that the owner collect for his loss is $30,000.
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The resources in the input market come from
A. government regulation of the economy
B. business firms lobbying to lower corporate tax rates
C. the remaining, unused portions of consumer goods
D. land, labor, and capital of households
E. the discovery of profitable, non-rival goods
Answer:
D
Explanation:
For the input market, the resources come from land, labor, and capital of households. Hence, Option D is correct.
What is the input market?There are two types of market, one is input and the second is output. The input market is known as the factor market and the output market is known as the product market. It is the input market, which is used in the production of the products and goods.
The output market is the place where goods and services are exchanged. In the factor market or the input market, all the resources like labor, capital, and land are used by the businesses to purchase, rent, or hire what they need in order to produce goods or services.
With the increase in the input prices, the supply curve from the right shifts to the left which is of the final good market and it results in the price of the final good increases.
Thus, Option D is correct.
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Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
Fabri Corporation is considering eliminating a department that has an annual contribution margin of $40,000 and $80,000 in annual fixed costs. Of the fixed costs, $20,000 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be:
The annual financial advantage (or disadvantage) for Fabri Corporation of eliminating the department would be a net disadvantage of $60,000.
To determine the annual financial advantage or disadvantage of eliminating the department, we need to compare the contribution margin of the department with the fixed costs that can be avoided. The contribution margin represents the revenue generated by the department that contributes to covering fixed costs and providing a profit.
In this case, the department has an annual contribution margin of $40,000 and $80,000 in annual fixed costs. However, $20,000 of the fixed costs cannot be avoided, meaning it will still need to be incurred even if the department is eliminated.
To calculate the net financial advantage or disadvantage, we subtract the unavoidable fixed costs from the contribution margin: $40,000 - $20,000 = $20,000. This indicates that eliminating the department would result in a net advantage of $20,000.
However, it's important to note that there are still $60,000 ($80,000 - $20,000) in fixed costs that cannot be avoided. Therefore, the annual financial advantage (disadvantage) for Fabri Corporation of eliminating the department would be a net disadvantage of $60,000 ($20,000 - $80,000).
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In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
In the monopolistic competition market model companies rely on product differentiation to distinguish themselves from their competitors.
In a monopolistic competitive market, firms differentiate their products based on the product differentiation strategy. Product differentiation is a marketing strategy that gives the edge to firms in a monopolistic competitive market. Firms in monopolistic competition attempt to stand out to potential customers and distinguish their products from other firms in the competition.
What is the Monopolistic Competitive Market?
A market is termed as monopolistic competitive when there are many firms producing the same kinds of products and services. These products and services are similar but are not perfect substitutes for each other. When a firm enters into a monopolistic competitive market, typically it encounters very low barriers since, in the monopolistic competitive market, the decisions of any firm do not directly affect other firms in the market.
Here is the complete question:
"
In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
a) pure competition
b) oligopoly
c) pure monopoly
d) monopolistic competition
"
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Operations planning and scheduling is the process of making sure demand and supply plans are in balance.
a. True b. False
a. True, operations planning and scheduling aims to balance demand and supply plans by determining the best allocation of resources and ensuring timely production and delivery of goods and services.
Operations planning and scheduling is indeed the process of ensuring that demand and supply plans are balanced. It involves developing plans and schedules for production, procurement, inventory management, and other operational activities to align with the demand for products or services.
The goal of operations planning and scheduling is to optimize the utilization of resources, meet customer demand, minimize costs, and maintain efficient operations. By coordinating and aligning demand forecasts, production capabilities, inventory levels, and distribution, organizations can achieve a balance between the supply and demand aspects of their operations.
Therefore, the statement is true: Operations planning and scheduling is the process of making sure demand and supply plans are in balance.
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Karina made $660 in gross pay. Her employer withheld $97.62 in total federal, state, and FICA taxes from her check. How much is her net pay?
Answer: $562.38
Explanation:
Net pay refers to the amount that a person gets after deductions such as taxes have been made from their salary:
Karina net pay = Gross pay - Total federal, state, and FICA taxes
= 660 - 97.62
= $562.38