In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?

Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance

tatuchka [14]

Answer:

The correct answer is flex-plans.

Explanation:

These plans allow employees to choose the benefits they prefer or want, instead of being selected by the organization's administration. In this way the employee adapts the benefits package to his needs. For example, an employee in the manufacturing area who has great concern for his well-being or health, might prefer the benefit of additional life insurance.

In short there are many alternative benefits for which they can opt.

The precise advantages of these plans and consequently the reasons why they are becoming increasingly popular are:

1. They allow employees to make relevant decisions about their individual finances and balance requirements with benefit plans.

2. Plans help organizations control costs, especially health. This is because managers can define the maximum amount they will use in each benefit. In other words, flexible payment plans often produce savings for organizations.

3. These plans become instruments to control and keep employees.

For employees, flexibility can be attractive, since in this way they can design their benefits and coverage levels based on their own requirements, therefore, in this sense, benefit plans become an advantage for them.

7 0

3 years ago

Transfer prices are _____. A. costs of the segment producing the product or service B. revenues of the segment acquiring the pro

Arlecino [84]

Answer: the correct answer is D. none of these answers is correct.

Explanation: A transfer price exists for accounting purposes when diverse divisions on a multy entity company are in charge of their own revenues.

6 0

3 years ago

Managers will invest in human resource management only if human resource practices such as developing staff and communication wi

larisa [96]

It is a true statement that the Managers will invest in human resource management if its helps in developing staff and helps communication to result in greater profits.

<h3>What is a human resource management?</h3>

This is a section of management the people in a company so that they will help their business gain a competitive advantage over others.

This management is involve in the recruitment, hiring, renumeration, motivation etc of the staffs.

Thus, it is agreed that Managers will invest in human resource management if its helps in developing staff and helps communication to result in greater profits.

Read more about human resource

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5 0

1 year ago

Larry Gaines, a single taxpayer, age 42, sells his personal residence on November 12, 2019, for $151,200. He lived in the house

damaskus [11]

Answer:

1. Recognized gain = $54300

2. Realized gain = $45228

3. Adjusted basis of new asset = $150,000

Explanation:

The adjusted basis is the net cost of an asset after it has had depreciation deductions and/or capital expenditure increments. In other words, its actual worth at that particular point in time.

The amount realized is the fair market value and the sum of any money received at the sale of an asset.

1. A recognized gain or loss is the difference between the amount realized from the sale of the asset and the asset's adjusted basis on the time of its sale. A positive figure proves to be a gain and a negative figure proves to be a loss. In other words, when an asset is sold for a price higher than what it is actually worth at the time of sale, it is a recognized gain whilst if it is sold for a price lower than what its net cost is, it is a recognized loss.

In the current scenario:

The amount realized from the sale of the asset is $151,200.

Adjusted basis = Cost basis + capital improvements

Hence, $86,750 + $10,150 = $96900

Recognized gain/loss = $151,200 - $96900 = $54300

Due to the fact that it is a positive figure, i.e. amount realized at sale of asset is higher than the adjusted basis, it is a recognized gain.

2. A realized gain is the amount of <em>actual money</em> earned at sale. It does not simply look at the income from sale, but also takes into account any expenses that were present at the time of sale and deducts these.

In this case, there was an expense of the sale of $9072.

Hence, amount realized from sale of asset is $151200 - $9072 = $142128

Realized gain = $142128 - $96900 = $45228

3. Adjusted basis of new residence

The new residence has not had any capital increments. Hence, the adjusted basis is the same as the cost i.e. $150,000.

3 0

3 years ago

The purpose of a(n) _____ is to obtain additional information on a candidate and to clarify information gathered throughout the

mario62 [17]

Answer: interview

Explanation:

During interview, a candidate is able to talk extensively about himself and achievements. By this, he is able to clarify a lot of things about himself

7 0

3 years ago

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