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3 years ago

Which statement about employee benefits is true?

Business

1 answer:

tatiyna3 years ago

6 0

The statement about employee benefits is true will be: Most companies offer health insurance

Health insurance is an insurance coverage that help to cover a person medical costs.

Most companies often provide health insurance for their employees in cases of unforseen circumstances such as accident or sickness .

Health insurance help to save cost as you would not need to spend money on medication because it has been covered.

Inconclusion The statement about employee benefits is true will be: Most companies offer health insurance.

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Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond

almond37 [142]

Answer:

bonds payable 1,000,000 debit

loss on redemption 20,000 debit

discount on bonds 10,000 credit

cash 1,010,000 credit

--to record tyhe call of the bonds on September 30th--

Explanation:

par value of the bonds: 1,000,000

call premium: 10,000

total cash disbusements: 1,010,000

carrying value 990,000

loss on redemption 20,000

Notice: It is a loss as we are paying more than the aliability is worth

discount/premium:

face value 1,000,000

carrying value 990,000

discount 10,000

We write off the bonds account: bond payable and bon discount

we debit the loss and credit hthe cash disbursments

8 0

3 years ago

The survey has bias. (a) determine the type of bias. (b) suggest a remedy. upper a pro dash military advocate wants to estimat

Angelina_Jolie [31]

Answer:

B). Response bias

D). The interviewer should reword the question.

Explanation:

Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, option B is the correct answer to describe the bias in this survey.

In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, option D is the correct answer to remedy the bias.

5 0

4 years ago

Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full

Gemiola [76]

Answer:

True

Explanation:

Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.

Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.

7 0

3 years ago

Which one of the following is the most widely used source of retirement income?

Luba_88 [7]

Compared to IRAs, Keogh plans, and company pension plans, Social Security is the most widely used source of retirement income. It is based on reports that 88 percent of retirees rely on its steady stream of payments. Fifty-five percent of retirees regards Social Security as their major source of retirement income.

7 0

4 years ago

Read 2 more answers

Cushman company, inc. had $812,000 in net sales, $355,250 in gross profit, and $203,000 in operating expenses. cost of goods sol

ch4aika [34]

To solve for the cost of goods sold (COGS):
COGS = Net sales - gross profit
COGS = $812,000 - $355,000
COGS = $457,000

The cost of doors sold is the costs that are used for production of the goods the company sells. It includes materials used for creating the product and labor.

6 0

4 years ago