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3 years ago

The Employee Retirement Income Security Act (ERISA) of 1974 states that employees must be told about their benefits: __________

Business

1 answer:

sergiy2304 [10]3 years ago

6 0

Answer:

c. In a way that the average employee can understand.

Explanation:

The Employee Retirement Income Security Act of 1974 is a federal labor and tax law of the United States of America. It is also referred to as the Employee Benefit Security Act and it was originally published (effective) on the 2nd of September, 1974 and was mainly focused on providing pension reforms for the employees working in the United States of America.

Basically, the Employee Retirement Income Security Act (ERISA) of 1974 sets the minimum standards for the administration of retirement (pension) and healthcare plans in the private sector or industry.

Hence, the Employee Retirement Income Security Act (ERISA) of 1974 states that employees must be told about their benefits such as plan features and funding, in a way that the average employee can understand.

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Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.

givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

25% in the month of the sale
50% in the month after the sale
15% two months after the sale
10% are never collected

sales revenue:

November $16,100
December $10,400
January $15,600
February $12,400
March $14,400

Jewel Services

Cash Collections budget

For the months of January, February, and March

cash collected from sales January February March Quarter

from November sales $2,415 $2,415

from December sales $5,200 $1,560 $6,760

from January sales $3,900 $7,800 $2,340 $14,040

from February sales $3,100 $6,200 $9,300

<u>from March sales $3,600 $3,600 </u>

Total $11,515 $12,460 $12,140 $36,115

6 0

3 years ago

Which of the following is not an example of a legal barrier to entry? Group of answer choices a public franchise economies of sc

LuckyWell [14K]

Answer:

The answer is economies of scale .

Explanation:

Government license, patents and public franchise are all forms of legal barriers that prevents new entrants from copying, imitating or entering the market. However, economies of scales are a economic barrier that arises due to the scale of operations of a firm and is not a legal barrier.

3 0

3 years ago

One of the advantages of information systems for businesses is to take raw data and turn it into information, and then transform

solniwko [45]

Answer:

Data

Explanation:

Data can be defined simply as facts or statistics or sample collected for information or analysis or reference purposes. Data can also be said to be individual or singular units of information. In this case, the number of people with income below the poverty line is an example of data or raw data.

I hope this helps.

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3 years ago

Management is a separate and different disciple than leadership.

gulaghasi [49]

Answer:

One of the main differences between management and leadership is the way in which the two disciplines motivate people and teams to achieve objectives. Managers rely on their authority to get work done. Leaders, on the other hand, influence, inspire and appeal to people at an individual level.

Explanation:

8 0

3 years ago

What aspect of a website makes it easy to understand?

enot [183]

Keeping the website design simple and not too complex will increase the understandability of the website design.

<u>Explanation:</u>

There are certain factors that should be kept in mind while designing a website. Those factors are Keep the design of the website simple. Cramming too much into the design of each page creates confusion. Make a good impression.

The owner of the website should Provide intuitive navigation. Be consistent Choose your colors carefully to make the design of the website look attractive. Make your website responsive Develop for multiple browsers. Check your website for errors

3 0

2 years ago