Answer:
T must pay income taxes for the $3,000 he receives.
Explanation:
If the beneficiary of the disability benefits paid the premiums, then the money received is tax free. On the other hand, if the premiums were paid by someone else (in this case his employer), then the benefits will be taxed as normal income.
Answer:
1. structural unemployment
Explanation:
Structural unemployment is a form of unemployment that occurs when there's a mismatch between labour's skills and the available jobs. It occurs as a result of technological change.
Anna is unemployed because she can't get a job in her field. Therefore she's structurally unemployed.
Frictional unemployment occurs between the time labour leaves his current employment and the time he finds another one.
Cyclical unemployment is when employment level changes with the business cycle. It rises during a downturn and falls during a upturn.
I hope my answer helps you
Answer:
B. Cost consumers billions of dollars per year.
Explanation:
Cost consumer billion per each year of trading stands as the main barrier to trading, and in this form, affects trading, not in one country but the whole system at large.
Trade is explained to concerned with facilitating the exchange of goods and services in the economy. Many think that trade and commerce are the same terms and can be used interchangeably. But the fact is both the terms are different from each other and carry different meanings. Trade simply means buying and selling of goods and services in return for money or money’s worth.
Scope of commerce is wider than that of trade, which not only refers to the exchange of goods and services but also includes all those activities that are vital for the completion of that exchange.
Answer: Followers of the efficient market hypothesis believe that <u>"C) investors react quickly and accurately to new information.".</u>
Explanation: The efficient market hypothesis states that the current price of an asset in the market reflects all available information that exists (historical, public and private). It considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.
This adjustment happens so fast because investors act quickly and accurately in the face of new information.
Answer:
1.Counting the coins manually.
Improvements: Installing coin counting machines.
2. Reporting weekly.
Improvements: a. Reporting daily basis
3. General ledger
System should be capable of maintaining a general ledger.
4.Price list
System should maintain a list which contains all information about the charges to be charged with different types of vehicles.
5.Database
System should maintain a database regarding collected charges according to the vehicles and date wise.
6.Cash Receipt Journal
They should be capable of maintaining cash receipt journal.
