Contributions shall be paid until contributions for eligible spending are removed.
<u>Explanation:
</u>
A Flexible Spending Account (FSA) is a kind of savings account that offers specific tax incentives for the account holder. The employer for a contractor provides the FSA, also known as a flexible spending plan. The account requires workers to pay for eligible charges related to medical care and dentistry for a percentage of their daily earnings.
An FSA is a form of savings account that helps workers to pay for authorized expenses in a part of their regular income.
Funds paid to the company shall, due to payroll deductions, be excluded from the worker’s wages.
The money must be invested by the completion of the scheme year in the FSA, but employers can give up to 2.5 months of time until 15 March next year.
Answer:
the primary objective, or purpose of a for-profit business is to maximize profits for the owners while maintaining corporate social responsibility.
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Answer:
D. $460,500
Explanation:
Given that
Cost of parcel of land = 450000
Legal fees = 3000
Broker's fees = 7500
Therefore,
Amount recorded as cost of parcel of land is
Cost of parcel of land + legal fees + brokers fee
= 450000 + 3000 + 7500
= $460,500
When purchasing land, fees like commissions, legal fees, bank fees, title fees and other expenses added before the land can be used are considered as part of the land's cost. Hence the answer.
Answer:
Option B. Managing your time in a healthy manner
Explanation:
The reason is that the money management moves around the money and managing time has no association with the money savings or money generation or money spending. So the things that matter while managing the flow includes the estimation of cash outflow and inflow in the coming period, budgeting the cash flow, least cash amount required to tackle emergent issues and other issues like opening saving account, short term investment, etc.
Answer:
everyone is willing to pay the taxes to receive the benefits.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
A Lindahl equilibrium can be defined as an economic state in which there is a production of an optimal quantity of public goods and the cost of these goods is shared in a fair manner among everybody. It was developed by Erik Lindahl.
In a Lindahl equilibrium everyone is willing to pay the taxes to receive the benefits.
