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Soloha48 [4]
3 years ago
13

The alimony rules applicable to divorces entered into before 2019:_____.A. Are based on the principle that the person who earns

the income should pay the tax. B. Permit tax deductions for property divisions. C. Look to state law to determine the definition of alimony. D. Distinguish child support payments from alimony. E. None of these.
Business
1 answer:
Sever21 [200]3 years ago
3 0

Answer: D. Distinguish child support payments from alimony.

Explanation:

Alimony is simply referred to as the payments that is paid to a spouse after a divorce in order to support such spouse. It should be noted that this payment can either be on a continuing basis or can be a lump sum.

Alimony is the payment made to the dependent spouse by the supporting spouse. The alimony rules applicable to divorces entered into before 2019 differentiates child support payments from alimony.

Therefore, option D is the correct answer.

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1. Describe several operational and behavioral benefits that are generally attributed to a participative budgetary process. 2. I
morpeh [17]

Answer:

Explanation:

1. Some of the operational and behavioral benefits that are generally attributed to a participatory budgeting process are as follows:

a)  Utilization of the best knowledge of activities in a specific area, because the participants are close to daily operations.

b)  Goals that are more realistic and acceptable.

c)   Improved communication and group cohesiveness.

d)   A sense of commitment and willingness to be held accountable for the budget.

2. Four deficiencies in Patricia Eklund’s participatory policy for planning and performance evaluation, along with recommendations of how the deficiencies can be corrected:

Deficiencies Recommendations The setting of constraints on fixed expenditures includes uncontrollable fixed costs, thereby mitigating the positive effects of participatory budgeting. Rewards should be based on meeting budget and/or organizational goals or objectives. The arbitrary revision of approved budgets defeats the participatory process. The contingency budget should be separate, over and above each department’s srcinal submission. The division manager holds back a percentage of each budget for discretionary use. Managers should be involved in the revision of budgets. Managers could submit a budget with programs at different levels of funding. Evaluation based on budget performance must be accompanied with intrinsic rewards. Divisional constraints could be at a budget "kick-off meeting;however individual limit of controllable expenses should be set by each manager

6 0
3 years ago
You have just purchased a car and, to fund the purchase, you borrowed $25,000. If your monthly payments are $402.18 for the next
Naya [18.7K]

Answer:

E) 4.96%

Explanation:

The computation of the APR could be determined by applying the RATE formula i.e. shown below:

Given that

PMT = $402.18

Present value = $25,000

NPER = 6 × 12 = 72

FUture value = $0

The formula is shown below:

=RATE(NPER;PMT;-PV;FV;TYPE)

After applying the above formula, the annual percentage rate of the loan is

= 0.4135%  × 12

= 4.96%

hence, the correct option is E.

4 0
3 years ago
Rudy Smith was an wealthy individual and has passed away with many assets in his estate. What value would be used to assess prop
fgiga [73]

Answer:

fair market value

Explanation:

The current estate tax (2020) only applies for estates worth over $11.58 million. For taxation purposes, estates are taxed at fair market value. E.g. Rudy bought a building 10 years ago at $10 million, but it is now worth $15 million, the current market value ($15 million) will be used to determine any applicable estate taxes.

8 0
3 years ago
Crane Company has outstanding accounts receivable totaling $6.40 million as of December 31 and sales on credit during the year o
atroni [7]

Answer:

$320,000 or $0.32 million

Explanation:

In accounting, the percentage of bad debt expenses is applied to the outstanding accounts receivable at the end of a particular accounting period.

In the question, the end of the accounting period is given as December 31 and the outstanding accounts receivable as at that December 31 is a total of $6.40 million. Therefore, we will disregard other values and simply apply 5% to the the outstanding accounts receivable of $6.40 million as at that December 31 as follows:

Bad debt = Outstanding accounts receivable × 5%

               = $6.40 million × 5%

               = $6,400,000 ×  5%

               = $320,000

Therefore, the amount of bad debt expense to recognized for the year is $320,000 or $0.32 million.

5 0
3 years ago
Shelby traveled to Mexico to a resort and took $100 in U.S. currency. When she exchanged it for pesos, she received A) 10.3 peso
Westkost [7]

Answer:

es el literal D

Explanation:

por que cada 9 pesos equivale a un dolar

8 0
3 years ago
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