u.s. gaap requires companies to disclose which of the following related to operating segments? multiple select question. a description of the management personnel of each reportable segment. how the entity's reportable segments compare to industry averages. how reportable segments are determined. a description of products or services that generate revenue for each reportable segment.

Answers

Answer 1

The following details must be provided in intermediate results for each reporting entity in accordance with U.S. GAAP: revenues from non-internal consumers. Revenues from segments. Profit or loss by segment.

What would you say is a revenue?

According to the definition, revenue is the total sum of money obtained through conducting trade and commerce like sales. It is sometimes referred to as sales on the income statement. It is known as the top line since it appears first on any company's income statement.

Do sales constitute revenue?

Some businesses incorrectly conflate the phrases sales and revenue. Despite the fact that sales are a source of revenue, not all revenue does. In reality, they are the same for many businesses. However, some businesses consistently generate additional revenue through their daily operations.

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Related Questions

Kyle made a down payment of $850 towards his car loan. He will be paying $415 every month for 24 months.

Answers

That’s $9,960 per year.

I hope this was the answer to your question.

Have an excellent day!

two examples of an independent contractor a business may hire

Answers

Answer:

Electricians, plumbers, carpenters

Explanation:

Recently, Mike Cichanowski, owner and CEO of Current Designs, received a phone call from the president of a brewing company. He was calling to inquire about the possibility of Current Designs producing "floating coolers" for a promotion his company was planning. These coolers resemble a kayak but are about one-third the size. They are used to float food and beverages while paddling down the river on a weekend leisure trip. The company would be interested in purchasing 100 coolers for the upcoming summer. It is willing to pay $250 per cooler. The brewing company would pick up the coolers upon completion of the order.

Answers

Current Designs, led by CEO Mike Cichanowski, received an inquiry from the president of a brewing company regarding the production of "floating coolers." These coolers, resembling miniature kayaks, would be used to transport food and beverages during leisure trips down the river. The brewing company is interested in purchasing 100 coolers for the upcoming summer, offering a price of $250 per unit.

Current Designs, a company specializing in kayak production, has caught the attention of a brewing company's president who is seeking a unique promotional item. The president contacted Mike Cichanowski, the owner and CEO of Current Designs, to explore the possibility of manufacturing "floating coolers." These coolers, smaller in size compared to kayaks, are designed to float on the water while carrying food and drinks during recreational river trips.

The brewing company aims to acquire 100 of these floating coolers to support an upcoming summer promotion. They have offered to pay $250 per cooler and would arrange for their pickup once the order is completed. This opportunity presents a potential business venture for Current Designs to diversify its product range and cater to a new market segment.

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Quality management at Chiyeyeye Enterprise LTD. Quality has become a very important dimension of chiyeyeye enterprise operations, a company wholly owned by Zambia and dealing in, production , general trading and hospitality. Producing the items in required quantities at the right time I not enough to satisfy customers. Customer demands that quality be incorporated in the product and in the service that go along with it is a norm at Chiyeyeye Enterprise. People appreciate that without quality every other things that Chiyeyeye enterprise does loses relevance. Thus, quality is a strategy for survival and for expending the markets at Chiyeyeye. Quality is a marketing strategy to enter a market or to compete with exiting producer in the sector in which chiyeyeye enterprise operates. For Chiyeyeye, quality is a foundation for achieving customer satisfaction. Brands at Chiyeyeye get created as a consequence of that.
Answer the question based on case study
1. what are the quality dimensions adopted by Chiyeyeye Enterprise
Limited?
2. Explain the concept of quality quality at source adopted by Chiyeyeye
Enterprise Limited?
3. How has Chiyeyeye used quality as a Competitive tool?
4. what is the quality strategy used by chiyeyeye as a business model?
5. How can chiyeyeye apply quality principles such as Deming 14
principles, Crosby’s absolutes of quality and TQM?

Answers

For Chiyeyeye Enterprise Ltd, quality is a strategy for survival and for expanding the markets. The following are the quality dimensions adopted by Chiyeyeye Enterprise Limited:

a) Leadership

b) Continuous Improvement

c) Factual approach to decision making

d) Systematic Approach

Leadership - Create and maintain an internal environment in which people can become fully involved in achieving the organization's objectives.

Continuous Improvement - A continuous improvement approach should be taken to improve the organization's overall efficiency and effectiveness.

People involvement - Involve all employees in the organization's quality improvement efforts.

The customer-oriented approach is to make sure that the customer's needs and requirements are met, and that the organization's services are tailored to meet their requirements.

Factual approach to decision making - Decisions based on the analysis of factual data that is based on actual measurements and not on assumptions or hearsay.

Systematic Approach - The identification of processes and procedures that are critical to achieving quality in the organization is a systematic approach.

2. Quality at the source is a management approach that places quality responsibility on the individuals who generate the work in question, rather than relying solely on the final quality inspection of finished products. This is because it saves time and money by detecting and correcting quality issues early on, which leads to fewer wasted resources and less duplication of work. Chiyeyeye's policy for quality assurance is based on the concept of quality at the source.

3. Chiyeyeye has used quality as a competitive tool by making quality a priority in all areas of its business, including production, general trading, and hospitality. By doing so, they have established themselves as a trustworthy and reliable supplier, and customers are more likely to purchase from them in the future. Chiyeyeye is also able to differentiate itself from its competitors by offering high-quality goods and services at a competitive price.

4. Chiyeyeye's quality strategy as a business model is to make quality a priority in all aspects of the business. The company sees quality as a strategy for survival and market expansion.

5. To apply quality principles such as Deming 14 principles, Crosby’s absolutes of quality, and TQM, Chiyeyeye must:

Involve all employees in the organization's quality improvement efforts.

Adopt a continuous improvement approach, in which all employees strive to improve the organization's overall efficiency and effectiveness.

Collect and analyze data to make informed decisions.

Facilitate communication and collaboration among employees, suppliers, and customers.

Establish quality metrics and evaluate performance regularly.

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prime corporation's building was destroyed by a tornado. the fair market value of the building at the time of the tornado was $400,000 and its adjusted basis was $350,000. the insurance proceeds totaled $500,000; $400,000 for the building and $100,000 for lost profits during rebuilding. prime does not defer any gain under the involuntary conversion provisions of code sec. 1033. what amount of the insurance proceeds is taxable to prime?

Answers

The taxable amount of insurance proceeds to Prime Corporation is $50,000, which is the realized gain on the involuntary conversion.

In this scenario, Prime Corporation's building was destroyed by a tornado, and the insurance proceeds received for the loss totaled $500,000, out of which $400,000 was for the building, and $100,000 was for lost profits during rebuilding. Prime Corporation has not deferred any gain under the involuntary conversion provisions of Code Sec. 1033.

The taxable amount of the insurance proceeds is calculated as follows:

Determine the adjusted basis of the property destroyed: $350,000.

Determine the amount of the insurance proceeds received: $400,000.

Calculate the realized gain on the involuntary conversion: $50,000 ($400,000 - $350,000).

Allocate the total insurance proceeds between the building and the lost profits based on their respective fair market values: $400,000/$500,000 x $500,000 = $400,000 for the building and $100,000 for lost profits.

Calculate the amount of insurance proceeds taxable to Prime Corporation: $50,000 - $0 = $50,000.

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assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing. how much consumer surplus accrues to anna and clem individually? question 13 options: $125 and $20 respectively $105 and $30 respectively $85 and $40 respectively $65 and $50 respectively

Answers

Consumer surplus accrues to Anna and Clem individually is $105 and $30 respectively. So the option B is correct.

Consumer surplus is the difference between the price a consumer is willing to pay for a good or service and the actual price of the good or service.

In this case, Anna and Clem are both willing to pay more for a weekend ski trip than the actual cost of the ski pass ($45).

Therefore, Anna's consumer surplus is the difference between the value she places on the ski trip ($150) and the cost of the ski pass ($45), which is $105.

Surplus accrues to Anna = Value of weekend Ski trip of Anna - The price of a weekend ski pass

Surplus accrues to Anna = $150 - $45

Surplus accrues to Anna = $105

Similarly, Clem's consumer surplus is the difference between the value she places on the ski trip ($75) and the cost of the ski pass ($45), which is $30.

Surplus accrues to Clem = Value of weekend Ski trip of Clem - The price of a weekend ski pass

Surplus accrues to Clem = $75 - $45

Surplus accrues to Clem = $30

So the option B is correct.

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The complete question is:

Person               Value of weekend Ski trip(Dollars)

Anna                                        150

Brian                                         90

Clem                                         75

Dave                                         50

Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing. How much consumer surplus accrues to Anna and Clem individually?

A. $125 and $20 respectively

B. $105 and $30 respectively

C. $85 and $40 respectively

D. $65 and $50 respectively

how many months weeks days are in 157 days?

Answers

The answer is 5.162 months

If on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be

Answers

If on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.

What is the required reserve ratio?

The required reserve ratio is the fraction of deposits that the Federal Reserve requires banks to hold as reserves.

The reserve ratio can be computed by dividing the difference between the deposit and the increase in excess reserves by the original deposit and multiplying by 100.

Data and Calculations:

Checking deposit = $300

Increase in excess reserves = $255

Required reserve = $45 ($300 - $255)

Reserve ratio = 15% ($45/$300 x 100)

Thus, if on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.

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A car dealer is organizing his inventory into three types. gas-based, electric, and hybrid. Which data type would most appropriate for this task? Numerical Ordinal Categorical

Answers

The most appropriate data type for this task is categorical. Categorical data is data that can be separated into groups or categories, such as the types of cars in the dealer's inventory. It can be further classified into nominal, ordinal, and dichotomous categories.

In this case, the dealer is organizing their inventory into three types: gas-based, electric, and hybrid. This type of data is called nominal data, which is used to identify the name of a group or category without any sort of ranking or order.

For example, the dealer has three types of cars: gas-based, electric, and hybrid. Each of these types can be categorized separately, with no order of preference or importance. In other words, there is no need to rank the types of cars from least to most important, as they are all equally important to the dealer.

In conclusion, the most appropriate data type for this task is categorical, specifically nominal data, since it can be used to identify the name of a group or category without any sort of ranking or order.

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A former Wells Fargo employee realized that what she was asked to do by her managers was not ethical and after deliberation she decided to "push back and refused to meet the sales goals because, she told her managers, there was no ethical way to do it." If instead, she had said, "I do not want to lose my job over this" and proceeded to engage in fraudulent activities, at which of the following stages (Rest's ethical decision-making model) would her moral decision-making have failed?

a) moral judgement
b) moral recognition
c) moral awareness
d) moral intent

Answers

Answer:

moral intent

Explanation:

What should a company do to get immediate customer feedback about a product

Answers

Email is the most common tool for requesting client feedback. When a service is rendered or a product is purchased and delivered to a consumer, an email is sent.

Answer:

email

ig it would be email lol i need points

Based on national and local news reports, is economic growth in the United States growing at a mild or rapid rate? How do you know

Answers

Based on national and local news reports, the economic growth in the United States is growing at a rapid rate. The growth rate of the US economy in the second quarter of 2021 was 6.5%, as per the report by the Bureau of Economic Analysis.

This reflects the broad recovery in the US economy, which was badly impacted by the Covid-19 pandemic. The growth rate was mainly due to the government stimulus measures, including the American Rescue Plan. This plan helped in boosting consumer spending, leading to higher economic growth.In addition, the job market also showed positive growth with an increase in the number of employed people. Unemployment rates have been dropping as the economy reopens after the pandemic. However, there have been some concerns regarding inflation, which has been rising steadily. This is due to a shortage of raw materials and labor, causing a delay in production. The higher inflation may lead to a decrease in spending, resulting in a slow down of the economy.

Therefore, the economic growth in the US is growing at a rapid rate as per national and local news reports. The government's stimulus packages have been successful in providing support to businesses and consumers, resulting in higher economic growth.

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What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last

Answers

With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

What is meant by evacuation?

This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.

Hence we can say that With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

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The air flowing inside a turbine is classified as a type of flow __

internal

external

open channel

Answers

The air flowing inside a turbine is classified as a type of flow Internal.

The air flowing inside a turbine is classified as a type of flow internal. Air flowing inside a turbine is an internal flow because the fluid (air) is completely enclosed by the solid walls of the turbine. The turbine blades are designed to convert the energy of the flowing air into mechanical energy, which can be used to power other machinery.

Internal flow refers to the flow of fluid in a completely enclosed system, such as pipes, channels, or ducts. It is opposed to external flow, which refers to the flow of fluid in open systems, such as over the surface of an airplane wing or through a river channel. The air flowing inside a turbine is completely enclosed by the solid walls of the turbine, so it is an example of internal flow.

Thus, it can be concluded that the air flowing inside a turbine is classified as a type of internal flow.

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When A customer returns goods to the business

Answers

Answer:

If there's no options to select it would be a refund which that customer can exchange that item for a different or identical item or they can get store credit or money back

Explanation:

PLEASE HELP WILL MARK BRAINLIEST

PLEASE HELP WILL MARK BRAINLIEST

Answers

Answer:

the answer is true

Explanation:

If a firm follows the residual distribution policy, what actions can it take when its forecasted retained earnings are less than the retained earnings required to fund its capital budget?

Answers

If a firm follows the residual distribution policy and its forecasted retained earnings are less than the retained earnings required to fund its capital budget, it can take several actions to address this situation.

One option is to prioritize the capital budget by reducing or postponing certain projects or investments. By carefully evaluating the importance and potential return of each project, the firm can choose to allocate the limited retained earnings to the most critical and promising initiatives.

Another action the firm can take is to seek external financing, such as loans or equity investments, to bridge the gap between the forecasted retained earnings and the required funding. This can involve approaching banks, venture capitalists, or other potential investors to secure additional capital.

Furthermore, the firm may consider alternative sources of financing, such as leasing or partnerships, to acquire the necessary assets or resources for its capital budget. These alternatives can help reduce the reliance on retained earnings and provide more flexibility in funding the capital projects.

Overall, when a firm following the residual distribution policy faces a shortfall in forecasted retained earnings compared to the required funding for its capital budget, it can prioritize projects, seek external financing, and explore alternative sources of funding to address the situation.

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Marginal revenue product is the: a. change in total output resulting from a unit change in the quantity of a variable input. b. price of the output multiplied by the total units of output produced. c. change in total cost resulting from a unit change in the quantity of a variable input. d. ratio of total revenue to the quantity of a variable input employed. e. change in total revenue resulting from a unit change in the quantity of a variable input.

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

Can't we run a business without training?

Answers

yes definitely.......

Analyse, one way a country is likely to
benefit from the expansion of its
business
enterprises.

Answers

Answer:

earning of foreign and upliftment of the host country.

Explanation:

as a bussiness expands into other countries the profits it makes if it becomes successful are retained back to the host country as retained profits and this changes the economy as government earns part pf the revunue due to the tax earnings

What is the dollar amount of total variable costs at the production level of 400 units?

Answers

The dollar amount of total variable costs at the production level of 400 units can be determined by multiplying the variable cost per unit by the number of units produced.

To calculate the total variable costs, you need to know the variable cost per unit. Let's assume the variable cost per unit is $10.

Firstly, calculate the total variable costs for 400 units.
Total variable costs = Variable cost per unit * Number of units produced
Total variable costs = $10 * 400
Total variable costs = $4,000

Therefore, at the production level of 400 units, the dollar amount of total variable costs is $4,000.

It's important to note that the variable cost per unit may vary depending on factors such as the type of production, materials used, and labor costs. This calculation assumes a constant variable cost per unit.

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Which of the following is NOT a piece of evidence for the investor underreaction? A. Stocks with higher standardized unexpected earnings tend to earn higher returns in the future. B. The stock market index excess returns are positively autocorrelated at the monthly frequency. C. Stocks with higher returns in the last six months tend to earn higher returns in the future. D. The stock market index excess returns are negatively autocorrelated at the three to five year horizons. QUESTION 5 Which of the following statements regarding overreaction is FALSE? A. After observing a sequence of good news, investors overestimate the chance of a good news next time. B. A high dividend yield tend to predict a high subsequent return. C. The returns following a sequence of good news are on average lower than those following a sequence of bad news. D. After making the standard risk adjustments, the differences in the future returns between the stocks with extremely poor returns over the previous three years and the stocks with extremely high returns disappear.

Answers

A. Stocks with higher standardized unexpected earnings tend to earn higher returns in the future is NOT a piece of evidence for investor underreaction. B. The statement "A high dividend yield tends to predict a high subsequent return" is FALSE.

A. Stocks with higher standardized unexpected earnings tend to earn higher returns in the future is NOT a piece of evidence for investor underreaction.

Investor underreaction refers to the phenomenon where investors do not fully incorporate all available information into stock prices, leading to slower adjustment to new information. Evidence for investor underreaction typically involves situations where past information or performance predicts future returns. However, in this case, higher standardized unexpected earnings predicting higher future returns indicates a proper reaction to new information, rather than underreaction. Therefore, option A is the correct answer.

B. The stock market index excess returns are positively autocorrelated at the monthly frequency is a piece of evidence for investor underreaction. Positive autocorrelation implies that past returns predict future returns, which suggests that investors are not fully incorporating all available information and are slow to react.

C. Stocks with higher returns in the last six months tend to earn higher returns in the future is a piece of evidence for investor underreaction. This indicates that investors are not fully incorporating recent performance into their expectations and are slow to adjust to new information.

D. The stock market index excess returns are negatively autocorrelated at the three to five-year horizons is a piece of evidence for investor underreaction. Negative autocorrelation suggests that high past returns predict lower future returns, indicating a delayed reaction by investors.

In summary, option A (Stocks with higher standardized unexpected earnings tend to earn higher returns in the future) is NOT a piece of evidence for investor underreaction, while options B, C, and D are consistent with investor underreaction.

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Why does the quantity of salt demanded tend tobe un responsive to changes in its price

Answers

The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.

Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.

Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.

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Segmented income statements ______. Multiple choice question. may be prepared for activities at many levels in a company should only be used for profit centers are best used to determine which locations are profitable, rather than which product lines are profitable may be prepared for the various departments in the company, but not for specific product lines

Answers

Answer:

may be prepared for activities at many levels in a company

Explanation:

Income statement shows the revenues and expenses that a business unit has over a specific period.

Segmented income statement is used to show details of revenue and expenses of different units of an organ at the same time.

It could be arranged by location, product line, department, territory, or sales person.

When the revenues and expenses of different departments is displayed together it helps management make comparison to identify underperforming departments, which helps in planning intervention to boost profit in those departments.

Metro, Inc. Sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Metro maintains ending inventory at 20% of the following month's expected cost of goods sold. Expected cost of goods sold for April is $70,000. All purchases are made on account with 25% of accounts paid in the month of purchase and the remaining 75% paid in the month following the month of purchase. Sales January February March Budgeted cost of goods sold $ 40,000 $ 50,000 $ 60,000 Plus: Desired ending inventory 10,000 Inventory needed 50,000 Less: Beginning inventory (8,000 ) Required purchases $ 42,000 Based on this information the total cash paid in March to settle accounts payable is

Answers

The total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.

To calculate the total cash paid in March to settle accounts payable, we need to consider the purchases made in February and March.

In February, the purchases were $42,000 * 25% = $10,500. This amount is paid in the month of purchase, so there is no outstanding payment for February purchases in March.

In March, the purchases were $60,000 * 25% = $15,000. Since 75% of accounts are paid in the month following the month of purchase, we need to calculate 75% of March purchases that are paid in March. 75% of $15,000 = $11,250.,the total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.

The purchases budget is prepared to estimate the amount of inventory that needs to be purchased during a specific period. It takes into account the expected cost of goods sold and the desired ending inventory. In this case, the expected cost of goods sold for April is given as $70,000. By subtracting the beginning inventory and adding the desired ending inventory, the required purchases for the first quarter are calculated.

The payment terms for the purchases are also considered in the budget. It is stated that 25% of accounts are paid in the month of purchase and the remaining 75% is paid in the following month. This means that a portion of the purchases made in February is paid in February itself, while the remaining portion is paid in March. Similarly, a portion of the purchases made in March is paid in March.

To determine the total cash paid in March to settle accounts payable, we need to calculate the amount of purchases that are paid in March. This includes the 25% of March purchases that are paid in March itself and the outstanding payment for the remaining 75% of February purchases. By adding these two amounts, we can find the total cash paid in March. In this case, the total cash paid in March to settle accounts payable is $21,750.

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Jerome Garcia started a new business and completed these transactions during August:

1 Garcia invested P48,000 cash in the business.

1 Rented office space and paid P800 cash for the August rent.

3 Purchased exploration equipment for P22,000 by paying P12,000 cash and agreeing to pay the balance in 3 months.

5 Purchased office supplies by paying P1,500 cash.

15 Completed exploration work and immediately collected P420 cash for the work

8 Purchased P1,350 of office equipment on credit.

15 Completed exploration work on credit in the amount of P8,000.

18 Purchased P700 of office supplies on credit.

20 Paid cash for the office equipment purchased on August 8.

24 Billed a client P2,400 for work completed; the balance is due in 30 days.

28 Received P5,000 cash for the work completed on August 15.

30 Paid the assistant’s salary of P1,100 cash for this month.

30 Paid P340 cash for this month’s utility bill.

30 Garcia withdrew P1,050 cash from the business for personal use.

Required

1. Arrange the following asset, liabilility , and equility titles in a table: Cash: Accounts Receivable: Office Supplies: Exploration Equipment: Accounts Payable: Jerome Garcia: Capital: Jerome Garcia: Withdrawals: Revenues: and Expenses.

2. Use additions and subtractions to show the effects of each transaction on the accounts in the accounting equation. Show new balances after each transaction.

Answers

Answer:

im not sure but i think it was 800,00

Explanation:

A basic tool of accounting is the accounting equation. Here, the assets should always be equal to the liabilities and capital.

What is Accounting Equation?

This equation represents resources controlled by the business's current business liability and residual interest in ownership of assets.

It says assets should always be equal to liabilities and capital.

                                Assets = Liabilities + Capital

The calculation of the assets, liabilities and capital are shown in the image below:

Hence, refer to the image below to see the accounting equation with the given below information.

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Jerome Garcia started a new business and completed these transactions during August:1 Garcia invested

Why would an insurance company charge an inexpensive copay when considering claims that will likely be hundreds or thousands of dollars?

Answers

Insurance companies charge an inexpensive copay for certain types of medical services to encourage their policyholders to seek preventive care and early treatment, which can help prevent more serious and costly health problems in the future. By covering the cost of these services upfront, insurance companies can reduce the overall cost of healthcare by avoiding more expensive treatments down the line. Additionally, copays can help incentivize policyholders to use in-network providers and services, which can be more cost-effective for both the insurance company and the patient.

1. Why would a potential sponsor be interested in an organization's market reach?

Answers

Answer:

A potential sponsor would be interested in an organizations market reach because they want to know the estimated number of consumers the organization markets to. A sponsor isn’t interested in a small market

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which one of the following accurately represents the general tax consequences to an employer and employee under a nonqualified plan? An employer receives an immediate deduction for a contribution for an employee when paid, and the employee will recognize income when the amount is credited to his or her account is nonforfeitable.
An employer does not receive a deduction for a contribution to an employee until the employee recognizes the income upon receipt.
An employer receives a deduction when asset investments are made to informally fund an employee's nonqualified plan benefit and the employee recognizes an identical amount as income at the same time.
An employer receives a deduction for a contribution to an employee when paid, and the employee will not be taxed on the contribution until it is withdrawn.

Answers

An employer does not obtain a deduction for an employee contribution until the employee acknowledges the income at the time of receipt. This accurately represent the general tax.

What is the purpose of general taxes?

General sales taxes are levied on consumer purchases of goods and services. The tax is computed as a percentage of the retail price and is added to the consumer's ultimate purchase price. Sales taxes on everyday goods are different from those on specialty goods like alcohol, cigarettes, and motor fuel. The federal government invests in the nation and provides goods and services to the citizens of the United States using the money you pay in taxes. The following are the top three expense categories: Two important healthcare systems are Medicare and Medicaid.

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If you are interviewed by more than one person, you should send a thank-you note to _____.


each person in the interview

each person you see in the building

the first person you are introduced to

the person who is obviously leading the interview

Answers

Answer:

option A is correct.

i.e.

each person in the interview.

Explanation:

Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.

Other Questions
Can someone help me give it with this my grade are bad the mass and volume of each sample differ from the mass and volume of the other samples. is it possible for each sample to contain 1 mol of each substance? The three threats to entrepreneurial success represent a systematic examination of _________. the weak base ionization constant (ka) for h2c2o4 is equal to what? PLEASE HELP WITH THIS A solution is prepared by dissolving 98.6 g of NaCl in enough water to form 875 mL of solution. Calculate the mass % of the solution if the density of the solution is 1.06 g/mL.11.3%11.9%12.7%9.4%10.6% Sophia went jet skiing while on vacation. she paid a flat rental fee of $85.00 plus $7.50 each day. if she had $130, how many days is she able to rent a jet ski? A 29.7 ml sample of 0.466 M formic acid (HCHO2) is titrated with 0.466 M NaOH. Calculate the pH after the addition of 29.7 mL of NaOH. (For HCHO2; Ka = 1.76 * 10-4) Hint: Determine the equivalence point so you know where you are in the titration Report your answer with 2 places past the decimal point. Rising sarcoplasmic calcium levels results in contraction in both smooth muscle fibers and skeletal muscle fibers. True or false?. 9. The graph shown is a transformation graph of y=sinx. The pointed indicated has coordinates (/3,0). The equation of the graph shown is y= Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Home WorkDirect materials cost per unit 30 48 Direct labor cost per unit 20 30 Sales price per unit 300 500 Expected production per month 700units 400unitsHarbour has monthly overhead of $175,200, which is divided into the following cost pools:Setup costs $ 68,800Quality control 58,400Maintenance 48,000Total $ 175,200The company has also compiled the following information about the chosen cost drivers: Home Work TotalNumber of setups 42 58 100Number of inspections 340 390 730Number of machine hours 1,700 1,300 3,000Required:1. Suppose Harbour uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round your intermediate calculations.)2. Calculate the production cost per unit for each of Harbours products under a traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.)3. Calculate Harbours gross margin per unit for each product under the traditional costing system.(Round your intermediate calculations and final answers to 2 decimal places.)4. Select the appropriate cost driver for each cost pool and calculate the activity rates if Harbour wanted to implement an ABC system.5. Assuming an ABC system, assign overhead costs to each product based on activity demands.6. Calculate the production cost per unit for each of Harbours products in an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.)7. Calculate Harbours gross margin per unit for each product under an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.)8. Compare the gross margin of each product under the traditional system and ABC. (Round your answers to 2 decimal places.) ow do writers use direct characterization in a story?A. by unveiling the thoughts and actions of the characterB. through the writers statements about the characterC. through the comments and reactions of other charactersD. by showing the characters comments about himself or herself Ceres, the largest asteroid in the asteroid belt, has a mass of 9.23 x 1020 kilograms and a radius of 474 kilometers.What is the magnitude of the acceleration due to gravity on the surface of Ceres? Include units in your answer. Answer must be in 3 significant digits. The perimeter of the rectangle below is 102 ft. What is the value of X one side is (2+x) ft the other is 3 ft Which kind of map would be used to show population density in the countries of the world?a political mapa physical thapa resources mapa special purpose map What is the slope between (2,1); (5,9) Is a origin on a graph proportional relationship? FeO + H Fe + HOBalance this equation: How many grams of iron will be produced from 9 moles of hydrogen gas? 20 POINTS : TIMED QUESTIONWhich of the following religious policies remained consistent throughout the Mongol Empire?A:The policy of restricting European missionaries, which began in PersiaB:The spread of the Islamic religion, which began with the Abbasid caliphateC:The policy of religious tolerance, which was similar to the policy under the rule of the Arab sultanatesD:The rejection of Christianity as an official religion, which was similar to its rejection in other empires throughout AsiaRefer to the passage."The next day (25th May) (the Chan) sent his secretaries to me, who said: Our lord sends us to you to say that you are here Christians, Saracens [Muslims] and Tuins. And each of you says that his doctrine is the best, and his writingsthat is, booksthe truest. So he wishes that you shall all meet together, and make a comparison, each one writing down his precepts, so that he himself may be able to know the truth. Then I said: Blessed be God, who put this in the Chans heart. But our Scriptures tell us, the servant of God should not dispute, but should show mildness to all; so I am ready, without disputation or contention, to give reason for the faith and hope of the Christians, to the best of my ability. They wrote down my words, and carried them back to him. Then it was told the Nestorians that they should look to themselves, and write down what they wished to say, and likewise to the Saracens [Muslims], and in the same way to the Tuins.Excerpt from The Journey of William of Rubruck, written by a Franciscan monk sent by King Louis IX of France to the Mongol Empire in 12531 Which of the following equations best represents y is directly related to square of x