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ycow [4]
3 years ago
10

Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received inco

me tax-free the amount contributed is deductible from taxable income the interest earnings are tax deferred a tax-sheltered annuity is available to employees of non-profit organizations?
Business
1 answer:
Fudgin [204]3 years ago
5 0

The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.

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Within her company, Nadine utilizes a management style that varies according to the individual and environmental situation, with
jeka57 [31]

Answer:

b) contemporary

Explanation:

Contemporary management perspective or leadership includes some characteristics as:

"A managerial leadership style that entail inviting input from every individual before making any major decision.

Participative leadership style tends to incorporate a democratic perspective in modern management, which has initially been centralize

This leadership style is based on the ability of a leader to match to the prevailing circumstances.

Major decisions are dependent (contingent) upon the inherent internal and external situation of a company or society."

Reference: GumEssays. “Contemporary Leadership.” Premium Level Assignment Help on GumEssays.com, 2019,

8 0
3 years ago
Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl
Rama09 [41]

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.

Now comparing the various pack sizes available:

1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50

2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83

3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77

4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77

The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

8 0
3 years ago
What does a management accountant need to do before he or she can take
lara [203]

Answer:

A

Explanation:

Have two years of professional experience

6 0
3 years ago
If a fixed asset, such as a computer, were purchased on January 1st for $3,750 with an estimated life of 3 years and a salvage o
damaskus [11]

Answer:

2. EOM Depreciation Expense 100 Accumulated Depreciation 100

Explanation:

The journal entry to record the monthly expense under straight-line depreciation is shown below:

EOM Depreciation Expense A/c Dr $100

      To Accumulated Depreciation A/c $100

(Being depreciation expense is recorded)

The computation is shown below:

= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)  

= ($3,750 - $150) ÷ (3 years × 12 months)  

= ($3,600) ÷ (36 years)  

= $100

4 0
3 years ago
Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research,
alexandr402 [8]

Answer:

2014 CPI= 101.5

2013 CPI= 100.8333333

2014 Inflation Rate= 0.66%

Explanation:

Consumer Price Index (CPI):

The index is calculated by taking the price of the basket in one year and dividing it by the price of the basket in another year. This ratio is then multiplied by 100.

Basket Price:

is the sum of the product of the quantitys and prices of the goods thata compose the basket for any given year.

Inflation Rate:

CPI (x+1) - CPI (x)

_____________

CPI (x)

5 0
3 years ago
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