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ololo11 [35]
4 years ago
10

Constructive receipt represents the principle that cash basis taxpayers should be taxed on income when it is made available to t

hem without substantial restrictions.
Business
1 answer:
Mila [183]4 years ago
8 0
If this is a true or false question, then the answer is definitely true.
This definition you wrote above does indeed refer to constructive receipt. It is used to determine whether a tax payer has received a gross income and whether and when he or she should pay their taxes, as well as to calculate how much they are supposed to pay.
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Mena, a female, and Neil, a male, are employees of Operational Processes Corporation. Mena regularly e-mails sexually explicit i
anyanavicka [17]

Answer:

A. hostile-environment harassment

Explanation:

A hostile-environment harassment is one where a worker's attitude in the workplace is such that it makes the workplace uncomfortable or non-conducive for another worker. This harassment is usually as a result of discrimination of any type; from age to gender, color, religion, sexual orientation, etc

Hostile-environment harassment can be considered illegal when it becomes a condition for the worker to remain employed or when the workplace environment has become intimidating or non-conducive for the other worker.

I hope this helps

8 0
3 years ago
Read 2 more answers
Smith Commercial Development has effective control processes, allowing its managers to discover ______ in bookkeeping right away
Daniel [21]

Complete Question:

Smith Commercial Development has effective control processes, allowing its managers to discover ______ in bookkeeping right away, before a would-be embezzler could seriously affect its business.

Group of answer choices

A. irregularities and errors

B. team problems

C. a potential merger

D. tax breaks

E. competence

Answer:

A. Irregularities and errors.

Explanation:

In this scenario, Smith Commercial Development has effective control processes, allowing its managers to discover irregularities and errors in bookkeeping right away, before a would-be embezzler could seriously affect its business.

Generally, managers are saddled with the responsibility of controlling various aspects of an organization (business) and as such are required to improve the effectiveness of their control processes. An effective control process ensure that every information at various levels of organization such as bookkeeping (financial statements) are accurate through the use of corrective actions.

5 0
4 years ago
The Eccleston Company has the following budgeted sales: January $40,000, February $60,000, and March $50,000. 40% of the sales a
zvonat [6]

Answer:

Total cash collection= $53,000

Explanation:

Giving the following information:

Sales:

February $60,000

March $50,000.

Cash:

40% of the sales are in cash.

Credit sales:

50% in the month of sale

50% in the next month

<u>Cash receipts March:</u>

Sales in cash March= (50,000*0.4)= 20,000

Sales on account March= (50,000*0.6)*0.5= 15,000

Sales on Account February= (60,000*0.6)*0.5= 18,000

Total cash collection= $53,000

8 0
3 years ago
The Osgood county refuse department runs two recycling centers. Center 1 costs $40 to run for an eight hour day. In a typical da
Vaselesa [24]

Answer:

Center 1 should be open 7 days a week, and center 2 should be open 6 days a week. Total cost = $580

Explanation:

minimize the following equation 40A + 50B

where:

A = center 1

B = center 2

constraints:

140A + 100B ≥ 1540

60A + 180B ≥ 1440

A ≤ 7

B ≤ 7

A, B ≥ 0

using Solver, the optimal solution is 7A + 6B = 580

4 0
3 years ago
The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax use
Nataly [62]

Answer:

Answer for the question:

The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing an annual Form 940 with the Internal Revenue Service.

Complete the following steps:

Net FUTA tax: Since this is the first pay period of the year, none of the employees are near the $7,000 ceiling; therefore, each employee’s gross earnings is subject to the FUTA tax. (The employer rate is 0.6%).

SUTA tax: Since Kipley Company is a new employer, Pennsylvania has assigned the company a contribution rate of 3.689% on the first $10,000 of each employee’s earnings.

Is given in the attachment.

Explanation:

3 0
4 years ago
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