1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
3 years ago
13

Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health i

nsurance premiums, specifically if she should have them deducted pre-tax or post-tax.
Required:

What reason(s) would you give her for having the medical premiums deducted on a pre-tax basis?

Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health insurance premiums, specifically if she should have them deducted pre-tax or post-tax.

Required:

What reason(s) would you give her for having the medical premiums deducted on a pre-tax basis?

All health insurance premiums must be deducted on a pre-tax basis.checked

The premium amounts are reduced by deducting them on a pre-tax basis.checked

The employee’s income that is subject to income tax(es) is reduced.checked

The income subject to Social Security and Medicare taxes is reduced.
Business
1 answer:
rusak2 [61]3 years ago
5 0

Answer:

All health insurance premiums must be deducted on a pre-tax basis.

The premium amounts are reduced by deducting them on a pre-tax basis.

The employee’s income that is subject to income tax(es) is reduced.

Explanation:

Health care premiums are deducted on a pre-tax basis, reducing the amount that both employees and employers must pay on federal income taxes, state taxes and FICA taxes.

Since your health premiums reduce your total taxes, they real amount you pay for them is reduced. Similar logic to interests paid by a company that reduce corporate taxes.

You might be interested in
Once the information is complete and conclusions are made, then management can make more confident business decisions. This is p
Dovator [93]

The act of making the decision is the part of this step of market research that makes management more confident business decisions.

<h3>What is market research?</h3>

This refers to the activity of gathering market information about consumers' needs and preferences.

Some steps of a market research includes:

  • present the findings
  • make the decision
  • develop the research plan
  • collect the information

Read more about market research

<em>brainly.com/question/24906199</em>

#SPJ1

5 0
2 years ago
The main purpose of a cover letter is to: a. Get hired b.be called in for an interview c. Let your friends know how your job sea
irga5000 [103]
B. Be called in for an interview because that's the first thing they see and it gives the general details
5 0
3 years ago
Read 2 more answers
Which of the following is not correct? a. The consumer price index gives economists a way of turning dollar figures into meaning
Marina CMI [18]

Answer:

The consumer price index is used to measure the quantity of goods and services that the economy is producing.

Explanation:

CPI  or consumer price index is a measure of changes in the average prices of a basket of products and services in a given time. The selected goods and services are a fair representation of consumption expenditure in the economy. Economists use the CPI as a Macroeconomic indicator of inflation.

As a measure of inflation, the CPI statistics communicate increases or decreases in the prices of goods and services in the economy. It forms a basis for policy decisions by the government that aid in the prevention of reduced purchasing power of the dollar.  CPI is all about changes in prices and nothing to do with the production of goods and services.

5 0
3 years ago
. A rise in the price of corn will cause a (Click to select) in the Supply Curve for corn. b. A decrease in the price of seed (a
Nadusha1986 [10]

Answer:

move along upwards

shift out

shift in

Explanation:

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :

  1. A change in the price of input
  2. A change in the number of suppliers
  3. Government regulations

When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

This would lead to a movement up along the supply curve

If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.

If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards

8 0
3 years ago
Melina manages a team that is all remote. She wants to collaborate with her team to design and build a culture when working remo
Nitella [24]

The right answer is keep social exchanges proactive and with intent.

What are Social exchanges ?

  • Social exchange Proposition proposes that social behavior is the result of an exchange process.
  • The reason for this exchange is to increase benefits and less costs.
  • According to this proposition, people weigh the implicit benefits and pitfalls of their social connections. When the pitfalls overweigh the prices, they will terminate or abandon the relationship.

Most connections are made up of a certain quantum of give- and- take, but this doesn't mean that they're always equal.

Social exchange suggests that it's the valuing of the benefits and costs of each relationship that determine whether or not we choose to continue a social association.

Melina manages a platoon that's all remote. She wants to unite with her platoon to design and make a culture when working. So the suggestion to her and her team is to keep social exchanges proactive and with intent.

Learn more about Social exchanges here:

brainly.com/question/5660582

#SPJ4

4 0
2 years ago
Other questions:
  • When using the book value of equity, the debt to equity ratio for Luther in 2018 is closest to: A) 0.43 B) 2.29 C) 2.98 D) 3.57
    6·1 answer
  • How do the terms business ethics and social responsibility differ from each other
    15·1 answer
  • A chemical company that produces fertilizer for farms is partnering with an eco-friendly products group to brand an animal-frien
    14·1 answer
  • What is your total industry wide sales volume? In Dollars? In Units?
    10·1 answer
  • Fortress International, a large conglomerate, procures a few component parts from external suppliers and also manufactures some
    14·1 answer
  • Promises Made in Consideration of Marriage. After twenty-nine years of marriage, Robert and Mary Lou Tuttle were divorced. They
    8·1 answer
  • Managers in a home improvement company have been having problems with employees starting cliques. To develop more of a team cult
    8·1 answer
  • GIVING AWAY BRAINLIST
    6·2 answers
  • The battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. A
    10·1 answer
  • Does Canada have a strong secondary industry sector?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!