Question
Which of the following expenses is a routine expense?
Group of answer choices
Rent
Gasoline
Electricity
Groceries
Flag question: Question 2
Question 23 pts
Which of the following expenses is a discretionary expense?
Group of answer choices
Electricity
Cable television
Rent
Car Insurance
Flag question: Question 3
Question 33 pts
Net income is always __________ gross income.
Group of answer choices
Less than
Greater than
Equal to
Multiplied by
Flag question: Question 4
Question 43 pts
Why does selecting a type of employment involve tradeoffs?
Group of answer choices
Many jobs require a person to relocate to a new town or city.
No job offers everything a person wants or needs.
Many jobs offer no personal satisfaction for people who do them.
Many jobs make you choose from different benefits packages.
Flag question: Question 5
Question 53 pts
Who completes a W-4 Form and when?
Group of answer choices
People complete a W-4 form when they have a child.
Employers complete W-4 forms at the end of the year.
Employers complete a W-4 form when a worker is first hired.
All employees must fill out a W-4 form when they start a new job.
Group of answer choices
Rent
Gasoline
Electricity
Groceries
Flag question: Question 2
Question 23 pts
Which of the following expenses is a discretionary expense?
Group of answer choices
Electricity
Cable television
Rent
Car Insurance
Flag question: Question 3
Question 33 pts
Net income is always __________ gross income.
Group of answer choices
Less than
Greater than
Equal to
Multiplied by
Flag question: Question 4
Question 43 pts
Why does selecting a type of employment involve tradeoffs?
Group of answer choices
Many jobs require a person to relocate to a new town or city.
No job offers everything a person wants or needs.
Many jobs offer no personal satisfaction for people who do them.
Many jobs make you choose from different benefits packages.
Flag question: Question 5
Question 53 pts
Who completes a W-4 Form and when?
Group of answer choices
People complete a W-4 form when they have a child.
Employers complete W-4 forms at the end of the year.
Employers complete a W-4 form when a worker is first hired.
All employees must fill out a W-4 form when they start a new job.
Answers
Answered by
GPT-4o mini
Here are the answers to your questions:
**Question 1: Which of the following expenses is a routine expense?**
- **Rent** (This is considered a routine expense because it is typically paid on a regular basis, such as monthly.)
**Question 2: Which of the following expenses is a discretionary expense?**
- **Cable television** (This is a discretionary expense because it is not a necessity and can be adjusted or eliminated based on personal choice.)
**Question 3: Net income is always __________ gross income.**
- **Less than** (Net income is the amount remaining after all deductions, such as taxes and expenses, have been taken from gross income.)
**Question 4: Why does selecting a type of employment involve tradeoffs?**
- **No job offers everything a person wants or needs.** (This statement captures the essence of tradeoffs, as different jobs have different benefits, responsibilities, and work environments.)
**Question 5: Who completes a W-4 Form and when?**
- **All employees must fill out a W-4 form when they start a new job.** (A W-4 form is completed by employees to indicate their tax situation to their employer.)
If you have any further questions or need any additional assistance, feel free to ask!
**Question 1: Which of the following expenses is a routine expense?**
- **Rent** (This is considered a routine expense because it is typically paid on a regular basis, such as monthly.)
**Question 2: Which of the following expenses is a discretionary expense?**
- **Cable television** (This is a discretionary expense because it is not a necessity and can be adjusted or eliminated based on personal choice.)
**Question 3: Net income is always __________ gross income.**
- **Less than** (Net income is the amount remaining after all deductions, such as taxes and expenses, have been taken from gross income.)
**Question 4: Why does selecting a type of employment involve tradeoffs?**
- **No job offers everything a person wants or needs.** (This statement captures the essence of tradeoffs, as different jobs have different benefits, responsibilities, and work environments.)
**Question 5: Who completes a W-4 Form and when?**
- **All employees must fill out a W-4 form when they start a new job.** (A W-4 form is completed by employees to indicate their tax situation to their employer.)
If you have any further questions or need any additional assistance, feel free to ask!