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Doss [256]
3 years ago
12

Chip is a veteran who fought in Desert Storm. He has just retired from the military. He has been told he qualifies for a propert

y tax exemption based on his military service during wartime. Which exemption applies to Chip? Calfornia Homeowner's Exemption The Mello-Roos Community Facilities Act California Military Exemption The Street Improvement Act
Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer: California Military Exemption

Explanation:

California offers tax exemptions to those who served in the military and have been honorably discharged and have lived in California for a certain period of time.

One such exemption is in property. Chip as a veteran of the Desert Storm, qualifies for this assuming he meets the other requirements such as residency and value limits on the property owned.

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How is the noncontrolling interest in a subsidiary company calculated as of the end of a reporting period?
ANEK [815]

The noncontrolling interest in a subsidiary company is calculated at the end of a reporting period by multiplying the subsidiaries’ net income by the noncontrolling interest percentage.

A noncontrolling interest (NCI), or a minority interest, is a situation in which the shareholders own less than 50% of the outstanding shares and thus have no say in the decision-making process.

At the end of a reporting period, the NCI is calculated by taking the NCI percentage and multiplying it with the net income of the subsidiary.  For example, if a minority partner owns 30%  in the subsidiary, and the subsidiary’s net income is $ 2 million, the NCI will be $ 2 million multiplied by 30%, which is $600,000.

To learn more about noncontrolling interest (NCI): brainly.com/question/13635396

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7 0
2 years ago
For effective internal control, the purchasing manager generally should:
grin007 [14]

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

6 0
3 years ago
Google Maps is a web mapping service that provides street maps and directions. A Google Maps component can be added to a busines
Hoochie [10]

Answer:

(C) Service-oriented architecture

Explanation:

Service-oriented architecture -

It is a type of software which is designed , to provide the services to other components via application components via a communication protocol in a network .

The principle of SOA does not depend on technologies , products , vendors .

<u>The properties of SOA are as follows - </u>

1. It is a black box for the consumers .

2. It may consist of other underlying services .

3. It is self-contained .

4. It represents the activity of business with a specified outcome .

6 0
3 years ago
Explain the importance of knowing dependent and independent demand models to companies.
ArbitrLikvidat [17]

The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

<h3>What is independent demand and dependent demand?</h3>

Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.

The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.

Note that the Dependent demand is one that is obtained from the demand for a finished product.

Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

Learn more about demand models from

brainly.com/question/23879110

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8 0
1 year ago
The law of supply states that
pashok25 [27]
B. as price rise so will supply, and prices will fall, so will supply
5 0
3 years ago
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