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devlian [24]
3 years ago
14

This year, International Accountants, Inc. implemented a new benefits system that gives employees the flexibility to choose amon

g different benefit options, as long as the total cost of the benefits does not exceed a certain amount. The type of benefits package offered to International Accountants employees is a(n): ________________ a) flexiplan. b) cafeteria-style benefits plan. c) democratic benefits package. d) open options benefits plan
Business
1 answer:
Ymorist [56]3 years ago
3 0

Answer:

The correct answer is b) cafeteria-style benefits plan.

Explanation:

A cafeteria plan is a type of employee benefit plan offered in the United States in accordance with Section 125 of the Internal Revenue Code. Its name comes from the first plans that allowed employees to choose between different types of benefits, similar to a client's ability to choose from items available in a cafeteria. Qualified cafeteria plans are excluded from gross income.

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A copy machine cost when new and has accumulated depreciation of . Suppose discards this machine and receives nothing. What is t
Anna [14]

Answer:

$1,000 loss

Explanation:

The numbers are missing here, so I looked for a similar question:

A copy machine cost $5,000 when new and has accumulated depreciation of $4,000.

The carrying value of the copy machine = purchase cost - accumulated depreciation = $5,000 - $4,000 = $1,000

if the copy machine is discarded and doesn't get any money for it, this will result in a loss equal to the carrying value = $1,000

7 0
3 years ago
It usually takes less time to buy a six-pack of Pepsi, a loaf of bread, and a bag of potato chips at a small convenience store (
Marrrta [24]

Answer:

a person who works at a full-service grocery store

8 0
2 years ago
Bob is a manager at dow corning who has lost five of his employees during the last year. now he has to make a decision about how
Korolek [52]
I believe that the problems Bob is going Face is...he will struggle with Ideas and he will have many Diclamers along the way
8 0
3 years ago
An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the p
geniusboy [140]

Answer:

the monthly benefit taxable income would be $900

Explanation:

For a Plan of $1,000/month if the employer pays $90 and the employee pays the other $10 of a $100 group disability premium.

after paying the total amount of  %100 according to the plan if the employee gets disabled then he will get 90% of the total amount which is taxable income.

5 0
3 years ago
Read 2 more answers
An insured pays her Major Medical Insurance premium annually on March 1. Last March she forgot to mail her premium to the compan
zysi [14]

Answer:

Pay the claim and the accident occurred during the grace period

Explanation:

Grace period is the period or the set length of the time after the due date during that the payment is to be made without any penalty by the insurer or the person.

The grace period mostly is of 15 days and it is usually involves in the insurance contact and the mortgage loan.

So, in this case, the insurer forget to pay the premium but on march 19, she met with an accident and broke her leg, then the insurance company will be paying the claim as the accident happened during the grace period.

3 0
3 years ago
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