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Ostrovityanka [42]
3 years ago
8

This year Ed celebrated his 25th year as an employee of Designer Jeans Company. In recognition of his long and loyal service, th

e company awarded Ed a gold watch worth $250 and a $2,000 cash bonus. What amount must Ed include in his gross income
Business
1 answer:
wlad13 [49]3 years ago
4 0

Answer:

Both of these must be included in the gross income.

Explanation:

The reason is that the employee income that is taxable includes all the benefits in monetary amount and benefits in kind. These benefits are paid to employee as a share of salary to manage his motivation. These incomes must be included in the gross income to calculate his gross income.

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Multinational Corporations (MNCs, sometimes called TNCs) are:
BabaBlast [244]

Answer:

d. Non-state (non-governmental) actors, focused on profit

Explanation:

Non State actor can literally be defined as an organization that are not funded by the government.

Multinational Corporations (MNCs) and Transnational companies (TNCs) are organizations that have companies in several countries and are business oriented focused on making profit.

Therefore, Multinational Corporations (MNCs, sometimes called TNCs) are Non-state (non-governmental) actors, focused on profit

4 0
3 years ago
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is record
Leto [7]

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.

<h3>What are receiving reports?</h3>

Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.

Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.

Learn more about receiving reports here:

brainly.com/question/14802834

#SPJ4

5 0
2 years ago
Which of the following terms is not part of RIASEC? realistic (Doers) investigative (Thinkers) authoritative (Can do Attitude) s
Aleks04 [339]
<h2>Answer </h2>

Option 3 - Authoritative(can do attitude).

<u>Explanation</u>

RIASEC is the Holland codes which refer to a theory about careers and vocational choice that was initially developed by an American psychologist named John L. Holland. There are six personalities in this theory which include practical, investigative, creative, cultural, ambitious and traditional only. There is no space of authoritative because there is no negativity in this theory as one person has the power, control or influence and make decisions. This can also be misused by many people which is why it is not included in this theory.

8 0
3 years ago
If managers at XYZ, Inc. are utilizing direct supervision and other administrative systems as control mechanisms, they are focus
stepan [7]

Answer:

External Controls

Explanation:

Based on the information provided within the question it can be said that the the managers at XYZ seem to be using External Controls. These are outside party that can affect the way that the business is controlled. Since the managers are utilizing supervision and other administrative systems, then they are using outside help instead of handling it themselves with tools at their disposal, thus using External Controls.

8 0
3 years ago
The discount rate is the rate of interest at which: Question 12 options: 1) Federal Reserve Banks lend to commercial banks. 2) s
stepan [7]

Answer:

1) Federal Reserve Banks lend to commercial banks.

5 0
3 years ago
Read 2 more answers
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