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ipn [44]
4 years ago
14

This year, international accountants, inc., implemented a new benefits system that gives employees the flexibility to choose amo

ng different benefit options, as long as the total cost of the benefits does not exceed a certain amount. the type of benefits package offered to international accountants employees is a(n:
Business
1 answer:
AleksandrR [38]4 years ago
5 0
The appropriate response is cafeteria-style fringe benefits plan. A Cafeteria plan is a worker advantage arrange for that enables staff to look over an assortment of advantages to detail an arrangement that best suits their necessities. Cafeteria arranges alternatives may incorporate wellbeing and mishap protection, money benefits, charge favorable circumstances and additionally retirement arrange commitments.
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Pappy Corporation received cash of $36,000 on September 1,2017 for one year's rent in advance and recorded the transaction with
fenix001 [56]

Answer:

debit Unearned Rent Revenue and credit Rent Revenue, $12,000.

Explanation:

Provided information we have,

Rent is received on 1 September 2017 for a period of 1 year on which it is accounted as Unearned Rent amounting $36,000.

Entry on that date would be

Cash A/c Dr.                  $36,000

To Unearned Rent                        $36,000

At the end of the year on 31 December 2017, we have period of current year lapsed = 1 September to 31 December = 4 months.

Thus rent income for the year = $36,000 \times \frac{4}{12} = $12,000

Therefore this rent of $12,000 will be recognized as rent income for the year 2017.

Entry will be

Unearned Rent A/c Dr.            $12,000

          To Rent Revenue                         $12,000

6 0
3 years ago
If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
iogann1982 [59]
2004 is the base year
4 0
3 years ago
complete the statement with the correct words the blank was established in 2010 as a result of the dud Frank Act​
s344n2d4d5 [400]

Answer: Consumer Financial Protection Bureau

Explanation:

The <em>Consumer Financial Protection Bureau (CFPB)</em> was established in 2010 as a result of the <em>Dodd-Frank Wall Street Reform and Consumer Protection Act </em>which was passed by congress in a bid to make changes to the nation's financial systems and correct factors that may contribute to another crises like the Great Recession of 2008.

The CFPB's role is to protect the interest of customers in the financial services sector and as a result all financial services providers in the United States fall under its jurisdiction including banks, securities firms and credit unions.

7 0
3 years ago
The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck
anygoal [31]

Answer:

The answer is given below;

Explanation:

 Average return on 3D printer=24,080/(40,000-3,000)=65%

Average return on truck amount=$36,400/(50,000-6,000)=83%

Average expected return on truck is higher as compared to 3D printer

6 0
4 years ago
Explain the view that communication is the exchange of attitudes values and behaviour​
klio [65]

Answer:

Communication is conveying messages by exchanging thoughts and information.

Communication is the conveying of messages by exchanging thoughts or information via speech, visuals, signals, writing, or behavior. Communication requires a sender, a message, and a recipient, although the receiver may not be present or aware of the sender’s intent to communicate at the time of communication. Communication requires that the communicating parties share some area of commonality. The communication process is complete once the receiver has understood the message of the sender.

7 0
3 years ago
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