Liabilities are recorded once the amount is definitely ...

[bobbie]

Liabilities are recorded once the amount is definitely determinable.
 
  Indicate whether the statement is true or false

Question 2

If an employer qualifies for a lower state unemployment tax rate, this lowers the credit allowed in computing the federal unemployment tax due.
 a. True
   b. False
   Indicate whether the statement is true or false

[tsternbergh47]

Answer to Question 1

FALSE

Answer to Question 2

False

[bobbie]

YES! Correct, THANKS for helping me on my review

[mochi09]

Thanks for the timely response, appreciate it