Answer:
$20,000
Explanation:
Calculation for the liability that should be reported for vacation pay
Using this formula
Liability=Vacation weeks*Compensation averaged per week for Year 1
Let plug in the formula
Liability=20 weeks × $1,000 per week
Liability = $20,000
Therefore the amount of liability that should be reported for vacation pay will be $20,000
Answer:
1. Critical number of associations takes help from outsider application specialist co-ops regarding information or data security. These outsider specialist co-ops fundamentally deal with the security of information of the association by steady all day, every day checking, information encryption, having legitimate control on passwords, approved physical access utilizing propelled biometrics innovation.
2. They guarantee accessibility of information at the ideal spot and at the correct time by giving system soundness and security. These security interruption location firms keep associations from assaults of spyware, Trojan, key-lumberjacks, forswearing of administration, man in the center and numerous different malwares. These security specialist organizations likewise give extra advantages like information assurance from physical viewpoints like information burglary or misfortune because of influence flood, vandalism, characteristic catastrophes, and political distress.
3. An association independent of its size or its name being recorded in Fortune 1000 or not, should consistently make proactive methodology towards venture on the security interruption location firms as these organizations are particularly proficient and are equipped for shielding the association from classified information misfortune either on the web or disconnected.
Fraud risks are particularly genuine in nature, if not dealt with by fitting systems; they can cause ruin misfortunes both as far as cash and information.
Answer:
$10,146
Explanation:
Llcrys Corp
Disbursment float = Checks ×average amount × numbers of clearing days
Disbursement float = 52× $461 × 2.5
Disbursement float = $59,930
Collection float = Checks ×average amount × numbers of average days
Collection float = 49 × $508× 2.00
Collection float = $49,784
Hence:
Disbursement float - Collection float
= $59,930 − $49,784
= $10,146
This is a DISBURSEMENT FLOAT of $10,146
Answer:
D) All of these answers are correct.
Explanation:
A company's financial reports are not top secret, their taxes are based on them. They main purpose of preparing financial reports is to provide useful information for current and potential investors, and current and potential lenders.
Any company that needs to raise equity must show their financial reports to current and potential investors so that they can decide whether to invest or not in the company. Publicly traded corporations must present their financial records to the market. Every single bank (or any other type of lender including investors willing to buy bonds) will request a copy of the financial statements to analyze if the company is going to be able to pay them back.
Answer:
a. $36,000
Explanation:
Since the total payment is $7,000 which is reduced to $3,000 because of child
The $4,000 reflects the payment of the child. This $4,000 is come from
= $7,000 - $3,000
= $4,000
So, only $3,000 for 12 months would be allowed as a deduction from gross income
So, the total amount for deduction would be
= $3,000 × 12 months
= $36,000
