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Vika [28.1K]
3 years ago
15

Both the employee and the employer contribute to the F.I.C.A. fund and to the Medicare program. True or False

Business
1 answer:
denpristay [2]3 years ago
7 0
True, the employer and employee will have to contribute to F.I.C.A and the Medicare program. 
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What is your favorite place to eat even tho no one can go anywhere
Bond [772]

Answer:

Golden Corral

Explanation:

because they have a chocolate fountain! lol. Also just because I like the food!

8 0
2 years ago
Kathy is 48 years of age and self-employed. During 2018 she reported $538,000 of revenues and $107,600 of expenses relating to h
Fynjy0 [20]

Answer:

Contribute to individual 401(k) = $61,000

Explanation:

Given:

Revenue = $538,000

Expenses = $107,600

Find:

Contribute to individual 401(k)

Computation:

Contribute to individual 401(k) = $55,000

Kathy is younger then 50 years so, She have t pay $6,000 more:

So,

Contribute to individual 401(k) = $55,000 + $6,000

Contribute to individual 401(k) = $61,000

6 0
3 years ago
You have been investing $165 a month for the last 12 years. today, your investment account is worth $60,508.29. what is your ave
Tanzania [10]
Given:
Future value, F=60508.29
Monthly payment, A = 165
Compounding period = month
Number of periods, n = 12*12=144
interest per period = i   [ to be found ]

We have the relationship
F=A((1+i)^n-1)/i
but there is no explicit formula for i for given F, A and n.
We need to solve a non-linear equation for the value of i, the monthly interest rate.
One of the ways is to solve it by fixed iteration, i.e. 
1. using the given relation, express i in terms of other parameters.
2. select an initial value of i
3. evaluate i according the equation in step 1 until the value is stable.

Here we will use the relationship to express
i=((60508.29*i)/165+1)^(1/144)-1  [ notice that i is on both sides of = sign ]
using an initial value of i=0.01 (about 1% per month).
Successively, we get
i=((60508.29*0.01)/165+1)^(1/144)-1=0.01075571
i=((60508.29*0.01075571)/165+1)^(1/144)-1=0.011160681, similarly
i=0.0113685
i=0.0114728
i=0.0115246
i=0.0115502
i=0.0115628
i=0.0115690
i=0.0115720
Assuming the above has stablilized, and the APR is 12 time the above value, namely
Annual percentage rate = 0.01157205998210142*12=0.13886=13.89%



6 0
3 years ago
When determining the level of control and independence of an employee or independent contractor, which category covers how the w
tatyana61 [14]

Answer:

A) Behavioural

Explanation:

Behavioral control refers to facts that show whether there is a right to direct or control how the worker does the work. A worker is an employee when the business has the right to direct and control the worker. The business does not have to actually direct or control the way the work is done as long as the employer has the right to direct and control the work.

8 0
3 years ago
a study in the construction industy found that when equipment was stolen from worksites, in 82% of the cases workers were the th
Natasha2012 [34]

Employers in the construction sector would benefit most from the validation of personnel selection information to aid in reducing employee theft.

<h3>What is validation?</h3>
  • The data support the hypothesis that reducing theft would result from the hiring of qualified workers without criminal records.
  • Effectiveness is measured by validity.
  • Therefore, if tests properly and accurately measure what they are intended to assess AND if tests are demonstrated to yield consistent findings over time, validation and dependability in hiring tools are present.
  • Accepting someone else's views, feelings, and emotions are known as validation.
  • The act of rejecting, criticizing, or ignoring someone else's opinions, sentiments, emotions, or behaviors is known as invalidation.

Therefore, validation of employee selection information would employers in the construction industry receive the greatest benefit in helping reduce employee theft.

Know more about validation here:

brainly.com/question/13262566

#SPJ4

4 0
1 year ago
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