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Vsevolod [243]
3 years ago
15

Which one of the following regarding the State Disability Insurance (SDI) program is true?

Business
1 answer:
solmaris [256]3 years ago
4 0

Answer:

B) The State Disability Insurance (SDI) program benefits received for a period of disability are not taxable as income, but benefits received for time off under the Paid Family Leave program are federally taxable as income.

Explanation:

Disability insurance benefits are not reported for tax purposes with one exception. If a person are receiving unemployment insurance benefits,

become unable to work due to a disability, and begin receiving disability insurance benefits, your disability insurance benefits are considered a substitution for your unemployment insurance benefits,  and will then be reported for tax purposes.

If disability insurance benefits are reported, a notice will accompany the first benefit payment sent to you advising  that the benefits are being reported to the Internal Revenue Service.  The employment development department will provide you with a 1099G tax form in January showing the reported amounts paid and forward a copy to the Internal Revenue Service.

Paid family leave benefits are reported for federal purposes but not state tax purposes.

Paid family leave benefits are not taxable or reported to the California State Franchise Tax Board.

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The organizational development (od) process has three steps: ___________, accompanied by feedback.
Helga [31]
<span>The organizational development (od) process has three steps: diagnosis, intervention, and evaluation, accompanied by feedback.

When referencing organizational development, we are referring to the watching the change and performance within organization/businesses. By watching this, organizations can approach and understand how to achieve success and what needs to be changed in order to do so. 

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7 0
3 years ago
Which of the following is an example of cross-cultural ignorance?
den301095 [7]

Answer:

d. Thinking that relationship-building is a waste of time

Explanation:

d. Thinking that relationship-building is a waste of time

Cross Cultural relations or learning needs a lot of time understanding , evaluating, and learning new things. If a person already believes that relationship building is a waste of time how could he invest his time or energy in learning new things. Cross Cultural relations need:

a. Learning about the culture of another country:

and

c. Listening carefully to the needs of the other party

the option b. (Having a long-term orientation ) has no impact on cross cultural relations as many people having long term orientations learn and are able to work with many different cultures.

8 0
3 years ago
Read 2 more answers
Department R had 4,900 units in work in process that were 71% completed as to labor and overhead at the beginning of the period;
S_A_V [24]

Answer:

c) 32,821 units

Explanation:

As we can see, in this case there are three types of units in the period:

1) The units that left as work in process in the previous period and were finished in this one: 4,900 units at 71% were WIP (work in process) and the beggining of the period, so in this period, only 29% of them were procesed. In equivalent units= 4,900 * 0.29= 1,421 units. Since we are working under FIFO's inventory method, those were the first units produced

2) The units that were completely produced in the period. We know that a total number of units completed is 35,500 but 4,900 of them were WIP from the previous period, so we have : 35,500- 4,900= 30,600 units completeley proceced during the actual period.

3) Finally, there are some remaining WIP: 2,000 units that were proceced at a 40%, so ,  in equivalent units for the period are: 2,000 units*0.4= 800 Units

Total equivalent units= 1,421 + 30,600 + 800 = 32,821 Units

6 0
3 years ago
Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales ar
Vladimir [108]

\text{Cash received=\text{Credit sales of May}\times\text{Receivable in currect month}}\\= \$675,000\times 30\%\\=\$202,500The total cash received from the credit sales during the month of May is $592,500.

Further Explanation:

Sales budget:

Sales budget is the estimated sales for the budgeted period. It is prepared by studying the prior year’s sales and then adds the estimated addition based on the business conditions. Sales budget is prepared to plan the revenue measures. It includes the number of unit that would be sold in the budgeted period.

Calculate the cash received from credit sales during the month of May:

The cash received from credit sales will include the cash received from the credit sales of current month and cash received from the credit sales of prior month. Only 30% of May’s credit sales will be considered and the 65% of April’s credit sales will be considered for the calculation of the cash received from credit sales during the month of May. Cash sales are 25% of total sales and the remaining are credit sales. So credit sales will be 75%  of the total sales.

Cash received from the credit sales during the month of May:

\text{Cash received} = \text{Cash received from May sales}+\text{Cash received from April sales}\\=\$ 202,500+\$ 390,000\\=\$ 592,500

<u>Thus, the total cash received from the credit sales during the month of May is $592,500.</u>

Working note 1:

Total credit sales for the month of May:

\text{Credit sales of May}=\text{Total Sales}\times\text{Credit sales\%}\\=\$ 900,000\times75\% \\=\$675,000

The total credit sales for the month of May are $675,000.

Working note 2:

Cash received from the credit sales of May:

\text{Cash received}=\text{Credit sales of May}\times\text{Receivable in currect month}\\= \$ 675,000}\times 30\%\\ =$202,500

The total cash received from the credit sales of May is $202,500.

Working note 3:

Total credit sales for the month of April:

\text{Credit sales of April}=\text{Total Sales}\times\text{Credit sales\% }\\=\$ 800,000}}\times 75\%\\=\$600,000

The total credit sales for the month of May are $600,000.

Working note 4:

Cash received from the credit sales of April:

\text{Cash received}=\text{Credit sales of April}\times\text{Receivable in current month}\\=\$ 600,000}}\times 65\%\\=\$ 390,000

Learn more:

1.  Learn more about the percentage of sales method brainly.com/question/12960656

2.  Learn more about the allocation cost brainly.com/question/12960164

3.  Learn more about the average cost per unit brainly.com/question/4974216

Answer details:

Grade: Senior School

Subject: Cost accounting

Chapter: Budgeting

Keywords: Budgeting, Cost accounting, Accounting, Cash sales, Credit sales, Cost allocation, Cash received from sales, Cash received from credit sales, Sales budget, Sales forecast, Revenue forecast, Revenue budget, Memphis Company, Total sales, April, May, and June.

4 0
3 years ago
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