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levacccp [35]
3 years ago
7

When you hire an employee, he or she must complete Form I-9. This form

Business
1 answer:
Wittaler [7]3 years ago
3 0

Answer:

When you hire an employee, he or she must complete Form I-9. This form verifies that the employee is legally eligible to work in the United States.

Explanation:

One must fill Form 1-9 for every employee hired after November 6, 1986. The employee can be hired to perform labor and service in return for some ind of payment in the form of wages and other forms of remuneration. Remuneration can be described as anything that can be valued that is given as a trade for labor and services provided.

All employees have to complete section 1 of the form at the time of hire. The time of hire is the time that the worker starts employment; they are eligible for remuneration.  Section 2 has to be completed withing three business days from the time of hire. For example, if one gets hired on Tuesday, then he/she must fill Section 2 by Friday.

Some scenarios occur when the employee is hired for less than three days. In such cases, Section 1 and 2 have to be completed on the day of hire. This generally means that if one gets hired on a Monday, then they have to complete Section 1 and 2 on the same day.

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If you are an employee who is not working on a commission basis, then most likely, you are working as a salary based employee. Your salary would usually be based on your going rate or your market value to the employers. Based on your caliber, the employers will decide what your salary would be. For example, if you are a fresh grad, you will start with an entry level salary while if you are a manager, you will obviously be receiving a higher salary. 
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3 years ago
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jim root company operates four bowling alleys. the business just received the ​, ​, bank statement from city national​ bank, and
Damm [24]

Listed on the statement are an EFT rent collection of $440, a service charge of $7, NSF checks totaling $50, and a $23 charge for printed checks.

<h3>What is statement?</h3>

Frequently used in the field of project management is a statement of work (SOW). The work demand for a project is described in narrative form. For a vendor offering services to the client, it specifies project-specific tasks, products, and deadlines. Standard regulatory and governance terms and conditions, together with specific criteria and price, are usually included in the SOW. A master service agreement or request for proposals frequently have it as an essential annex (RFP).

For the hardware or software solutions outlined in the request for proposals, numerous statement of work document template formats and styles have been developed. Many businesses develop their own specialized or generalist SOWs that are specifically tailored to meet the requests and proposals they typically receive.

To learn more about statement from the given link:

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6 0
1 year ago
Your company's intranet Web server has crashed. You must help re-create the server. A server administrator has copied a script f
nalin [4]

Answer:

a CGI script

Explanation:

Based on the scenario being described within the question it can be said that the most likely problem on the server is a CGI script. In the context of information technology, a Common Gateway Interface (CGI) is an interface for web servers used to execute certain scripts or programs. Therefore there must be a problem with the CGI script since it is not being read correctly and causing the crash.

8 0
3 years ago
Prepare journal entries to record the issuance of the bonds and the retirement of bonds. (Show computations and round to the n..
Vikentia [17]

Answer:

issuance entry:

cash                   2,850,000 debit

discount on BP     150,000 debit

         bonds payable           3,000,000 credit

--to record issuance--

bonds payable      600,000 debit

loss on redemption 30,000 debit

interest expense     56,250 debit

                 cash                     662,250 credit

                 discount on BP      24,000 credit

--to record redemption ---

Explanation:

proceeds at issuance : $3,000,000 x 95/100 = 2,850,000

the difference will be the discount.

Now, when the bonds are retired we have to check the weight:

3,000,000 --> 120,000

  600,000 --> 120,000/3,000,000 x 600,000 = 24,000

<u><em>cash outlay</em></u> 600,000 x 101/100 = 606,000

loss redemption

we pay 606,000

for bonds which are worth: 600,000 - 24,000 = 576,000

The loss is the difference.

then, we calcualte the accrued interest:

principal x rate x time

3,000,000 x 7.5% x 3/12 = 56,250‬

this will be an interest expense

as well as an additional cash outlay

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4 years ago
Oxford packing company reported net sales in november of the current year of $1,000,000. at the beginning of november, the compa
creativ13 [48]
<span>First we must determine the cost of goods sold during November. For this we use beginning inventory ($368,000) + purchases ($217,500) - ending inventory ($226,750). This gives us a total cost of goods sold for November of $358,750. Then, we take the net sales ($1,000,000) minus the cost of goods sold ($358,750) which equals our gross profit of $641,250. Finally we divide gross profit ($641,250) by net sales ($1,000,000) to determine the gross profit rate to be 64.125%</span>
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