All categories

3 years ago

In most cases, the law requires that you have an emission test every two years at the time of registration or at time of sale.

Business

1 answer:

dsp733 years ago

4 0

Answer:

A) true

Explanation:

This requirement applies mostly to used cars. Some states do not require emissions inspections for vehicles that are less than 4 or 6 years old (depends on the state, e.g. Arizona's threshold is 6 years). Other states also allow certain old vehicles to not pass emissions inspections (e.g. Massachusetts does not requires vehicles over 15 years old to pass emissions inspections).

Those vehicles that do not pass the emissions inspections will not be registered by the Department of Motor Vehicles (DMV), that means they will not receive a license plate so it is illegal to drive them.

You might be interested in

The oil spill resulting from the 2010 Deepwater Horizon disaster ________. a. Resulted in a permanent ban on all offshore drilli

Xelga [282]

Answer:

ha will be multiplied by others poststhe answer is poster of anybody should be result the oil region for the 2010 the water holster desert – or result in

6 0

3 years ago

Consider the role of management accounting in relation to the company for which you work (or have worked). Discuss how the princ

kotegsom [21]

Answer:

Role of management accounting :

1. provide internal information on operations

2. help in decision making

Utilization of management accounting principles

1. make or buy decisions

2. continuing or discontinuing of operations

Useful managerial Accounting Activities

1. planning

2. deciding on the alternative causes of action

Explanation:

Role of Management Accounting is to provide managers with information related to their operations.This includes the costs and revenue incurred, the deviations from the planned costs and revenue and profit targets.

This information would help to control costs and revenues or make certain decisions of continuing or discontinuing operating of a product or segment.

Thus managerial accounting activities that are useful are planning, deciding on the alternative causes of action, implementation, monitoring and control

7 0

3 years ago

Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared mo

Usimov [2.4K]

Answer:

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor 66010

Indirect labor 10240

Utilities 8270

Supplies 2520

Equipment depreciation 29890

Factory rent 8400

Property taxes 2600

Factory administration 16380

Total expense 144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor 62790

Indirect labor 9960

Utilities 8130

Supplies 2480

Equipment depreciation 29310

Factory rent 8400

Property taxes 2600

Factory administration 16220

Total expense 139890

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

Spending Variances

Direct labor 1540 U

Indirect labor 540 F

Utilities 530 U

Supplies 250 U

Equipment depreciation None

Factory rent 400 U

Property taxes None

Factory administration 610 F

Total expense 1570 U

Explanation:

Based on the information given from the question, the planning budget will look like the following

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor 66010

Indirect labor 10240

Utilities 8270

Supplies 2520

Equipment depreciation 29890

Factory rent 8400

Property taxes 2600

Factory administration 16380

Total expense 144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor 62790

Indirect labor 9960

Utilities 8130

Supplies 2480

Equipment depreciation 29310

Factory rent 8400

Property taxes 2600

Factory administration 16220

Total expense 139890

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

Spending Variances

Direct labor 1540 U

Indirect labor 540 F

Utilities 530 U

Supplies 250 U

Equipment depreciation None

Factory rent 400 U

Property taxes None

Factory administration 610 F

Total expense 1570 U

7 0

3 years ago

Jones operates an upscale restaurant and he pays experienced cooks $35,000 per year. This year he hired his son as an apprentice

Novay_Z [31]

Answer:

E. None of these - Jones can only deduct reasonable compensation.

Explanation:

Jones would be allowed to deduct less than $ 35,000 (this is the reasonable compensation) under the conditions established by tax legislation. Let us see why none of the other options is correct.

A. Jones will be allowed to deduct $ 40,000 only if his son eventually develops into an expert cook

When a company pays an employee an exaggeratedly high salary considering the services performed (as an apprentice cook, this person is earning more than an experienced cook), the excessively high part of the salary is not subject to deduction. Even if Jones' son became an experienced cook, he would be unreasonably earning more than the others. Therefore, Jones would not be allowed to fully deduct $ 40,000. On the other hand, only the services actually provided during the current period are taken into account, not the eventualities.

B. Jones will be allowed to accrue $40,000 only if he pays his son in cash.

In no case Jones can accrue $ 40,000, as it is an excessively high amount, for the same conditions we saw in the previous point.

C. Jones will be allowed to deduct $35,000 as compensation and another $5,000 can be deducted as an employee gift.

Awards must meet the following requirements in order to be deducted: they must be personal tangible property of the employer, they must be given to an employee for years of service or safety achievement, they must be delivered in recognition of a significant achievement, and they must be given under strict conditions, in order to completely eliminate the possibility that it is really a disguised payment.

In this case, it seems that it is a disguised pay, therefore, no deduction can be made.

D. Jones can only deduct $20,000 because an apprentice cook is only worth half as much as an experienced cook

That is not a valid reason to apply for a tax deduction. Recall that the payments to the worker are considered tax-deductible expenses if they meet the following characteristics: they are ordinary and necessary expenses, reasonable in quantity, paid for services actually provided, and paid during the current year.

4 0

4 years ago

Comparative advantage emerges because of the presence of a. trade. b. differing opportunity costs. c. marginal benefits that equ

Firdavs [7]

Answer:

my answer is A-trade bc

is the comparative advantage emerged

6 0

4 years ago