Answer: $32000
Explanation:
It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income
Rev. Snider's self-employment income
Therefore, in this case, Rev. Snider's self-employment income will be:
Salary = $20,000
Add: Housing allowance = $12000
Total = $32000
Answer:
The correct answer is letter "A": Corporate income tax being paid.
Explanation:
In Accounting, unusual items are the result of events that impact the business but are not likely to happen again. Just like its name indicates, those events are not regular from the operations of a company an include abnormal legal costs, gains or losses from the sales of assets, losses from early retirement, and corporate restructuring expenses.
<em>Corporate income taxes are paid on a regular basis, thus, they cannot be considered unusual items.</em>
Answer: c.traditional manufacturing practices decrease lead time to protect against uncertainty.
Explanation:
The traditional manufacturing practices tolerate defects and also increase inventory to protect against process problems.
It should also be noted that traditional manufacturing practices emphasize product oriented layout.
The option that traditional manufacturing practices decrease lead time to protect against uncertainty is false.