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tiny-mole [99]
3 years ago
5

What is tax payable????????

Business
2 answers:
enot [183]3 years ago
8 0
 A liability is basically something you owe someone.Your reliable for paying that someone back correct?
Tax Payable is a liability.But what exactly is tax payable?
Well its a "tax" you have to pay to the federal government and you have a year to do so.

*If you are taking accounting the tax payable is on the balance sheet, (the income Statements side to be exact)
Hope this helped :)
alukav5142 [94]3 years ago
3 0
<span>It's like a type of a</span><span> account in the current liabilities section of a </span><span>company's um I think balance sheet.</span>

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The ten-step cycle that results in the timely payment for patients' medical services is the
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The ten step cycle that results in the timely payment for patients' medical services is the MEDICAL DOCUMENTATION BILLING CYCLE. 
Medical billing is a payment method that is used in USA health system. The medical billing process is an interaction between the healthcare providers and the insurance companies who are responsible for payments of medical services rendered to their clients.
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2 years ago
In a financial sector, we use ______ to construct financial instruments such as derivatives.
Anettt [7]

Answer:

Predictive models

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Predictive modeling uses statistics to predict outcomes. It can be applied to any type of unknown event, regardless of when it occurred.

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3 years ago
In the study of internal control, the auditor uses sampling to compare the __________ to the __________.
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In the study of internal control, the auditor uses sampling to compare the adjusted estimate of the deviation rate to the tolerable rate of deviation.

How Do Internal Controls Work?

A plan of structure, processes, and records that are concerned with the security of assets and the accuracy of financial records are together referred to as internal controls.

Fundamentals of Internal Control Systems

A firm's unique information requirements should be taken into account when designing an internal control system. As a result, the system might be anything from a straightforward manual system to a sophisticated computerized online system with remote terminals dispersed all over the nation. The accounting system must process data effectively, precisely, and promptly whether it is electronic or manual. An internal control system that has been carefully thought out is at the core of any well-designed accounting system.

Protecting the assets under management's control is one of their main duties.

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5 0
1 year ago
&gt;Leland pays premiums of $5,000 for an insurance policy in the face amount of $25,000 upon the life of Caleb and subsequently
Ymorist [56]

Answer:

He can include $16,000 in his gross income.

Explanation:

As the life insurance policy was transferred for some valuable consideration so the amount of valuable consideration will be deducted from the insurance proceeds.

Also premium paid by the transferee will be deducted from proceeds.

Now as the transferee received $25,000 from insuarance company.

So Tylor can include $25,000 less $7,500 less $1,500 in his gross income.

He can include $16,000 in his gross income.

6 0
3 years ago
Drea is facing an ethical dilemma and is unsure how to proceed because there seems to be no “right” answer for everyone. Her bus
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Since Drea is facing an ethical dilemma and she wants to have the best option to her ethical dilemma, for the second step, she wouls have to: Identify feasible options. Option b.

<h3>What is an ethical dilemma?</h3>

In philosophy, ethical dilemmas—also known as ethical paradoxes or moral dilemmas—arise when an agent must choose between two competing moral obligations, none of which takes precedence. A definition that is similarly comparable describes ethical situations as ones where there is no right decision to be made.

An ethical problem, also known as a moral problem or ethical paradox, arises when a person must choose between two possibilities, none of which are wholly ethically acceptable.

An ethical conflict is an opposition between two morally righteous actions. A disagreement exists between two values or principles. The problem is that by choosing one correct action, you will invalidate the other right course because you would be acting both rightly and wrongly at the same moment.

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3 0
1 year ago
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