'Jon Schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for university researchers. While he likes the extra income, he would much rather stay home and work on the novel he is writing. his wife earns a six-figure income so money is not an issue. Schwartz is an example of a(n) contingent worker.
Contingent workers, additionally called impartial contractors or 1099 people, are folks who lend their skills and information to a commercial enterprise on a venture with the aid of-project or short-time period basis.
Contingent people, also called independent contractors or 1099 people, are folks that lend their skills and know-how to a commercial enterprise on an assignment-by-using-assignment or short-term foundation.
While you rent a contingent staff for short-term assignments, it allows you to lessen expenses. Unlike everyday personnel, you don't need to manipulate and endure their overhead prices. Moreover, groups need now not provide them with other worker benefits like health insurance, perks, paid time off, and many others.
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Answer:
Lesser of 618000 and 220000 is $220,000, hence it is the maximum benefit.
Explanation:
Alicia is entitled to receive 66% (33 years × 2% per year) of her average salary for her three highest years of compensation.
The average of Alicia’s three highest years of compensation is:
=(588000+618000+648000)/3
=618000,
so she is entitled to receive =618000*66% =407880 before considering the limitation
But, In general, the annual benefit for a participant under a defined benefit plan cannot exceed the lesser of:
100% of the participant's average compensation for his or her highest 3 consecutive calendar years, or $220,000 for 2018
.
Lesser of 618000 and 220000 is $220,000, hence it is the maximum benefit.
Answer: Supply chain
Explanation:
The function of a company's supply chain is to take charge of the production of finished goods from raw materials, the distribution of the goods to various customers or retailers and also resolving customers complaints as regards the company's product.
Answer:
Report a prior period adjustment decreasing retained earnings by $1,040,000
Explanation:
Report a prior period adjustment decreasing retained earnings by $1,040,000
Dr Retained earnings $1,040,000
Dr Deferred tax liability $560,000
(35%×$1,600,000)
Cr Estimated warranty liability $1,600,000
Therefore As a result of this change, the firm would Report a prior period adjustment decreasing retained earnings by $1,040,000
In economics an externality is the cost or benefit that affects someone who did not choose this. It is the true cost of a product that can be both positive or negative. Pollution can be an example of this. An educated labor force producing more is a positive example of this. The government rewards positive externality and punishes negative externality. Rewards can be surpluses and taxes can be punishments.
