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NARA [144]
4 years ago
11

Which sentence about flexible spending accounts (FSAs) is true? A. The funds in the account remain for as long as you’re employe

d by the company sponsoring the FSA. B. Contributions are taxed when funds are withdrawn to use on qualified expenses. C. Contributions are made with pretax dollars. D. There is no contribution limit.
Business
2 answers:
bearhunter [10]4 years ago
8 0

Answer:

b is correct

Explanation:

blsea [12.9K]4 years ago
4 0

Contributions shall be paid until contributions for eligible spending are removed.

<u>Explanation: </u>

A Flexible Spending Account (FSA) is a kind of savings account that offers specific tax incentives for the account holder. The employer for a contractor provides the FSA, also known as a flexible spending plan. The account requires workers to pay for eligible charges related to medical care and dentistry for a percentage of their daily earnings.

An FSA is a form of savings account that helps workers to pay for authorized expenses in a part of their regular income.

Funds paid to the company shall, due to payroll deductions, be excluded from the worker’s wages.

The money must be invested by the completion of the scheme year in the FSA, but employers can give up to 2.5 months of time until 15 March next year.

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Sophia is an architect and she is trying to decide whether to hire Jacob, a draftsman, to assist with her work. Sophia could hir
Brrunno [24]

Answer:

b. Jacob should be hired at the $20 per hour wage rate

<u>Options</u>

a. Sophia should do the drafting work herself because she has the lower opportunity cost

b. Jacob should be hired at the $20 per hour wage rate

c. Sophia should not hire Jacob because it would be faster for her to do the work herself

d. Jacob should be hired, but only if he is paid more than $30 per hour

Explanation:

Sophia cannot fullfil their client request on time without hiring an employee Assuming Jacob is the best possible candidate for Sophie she should consider to hire it as three hours of Jabor will cost 60 dollars while an hour of his work is worth 90 dollars

Thus, making convinient to hire it as there is a profit of 30 dollars.

We should also conider jacob will earn experience over time and this will make it a better employee in the long-run.

4 0
3 years ago
The organizational unit that is responsible for the sale and distribution of goods and services is the
Darina [25.2K]
<span>The organizational unit that is responsible for the sale and distribution of goods and services is the sales organization.

This is because they are selling the product or service.</span>
6 0
4 years ago
If housing prices fall by 4% how much will the value of a $200,000 home decline in price
Flura [38]

Answer:

8000

Explanation:

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8 0
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I believe that statement is False,

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</span>
8 0
3 years ago
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