You could tell her she is wrong, and that only agents selling Employer/union group plans are permitted an exemption from testing, but some employer/union group plans may require testing to promote agent compliance with CMS marketing requirements.
<h3>What is the advice for a Medicare colleague?</h3>
Since she works at a third-party marketing organization (TMO) and she said she did not need to take the Medicare training for brokers
We could tell her she is wrong, and that only agents selling Employer/union group plans are permitted an exemption from testing, but some employer/union group plans may require testing to promote agent compliance with CMS marketing requirements.
Complete question is;
Your colleague works at a third party marketing organization, TMO and she said she did not need to take the Medicare training for brokers and agents or pass a test to market Medicare plans since her contract is with the TMO, not the plans that have the products she sells.
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It can be deduced that the income taxable in the current year will be $6.0.
<h3>How to calculate the income tax payable</h3>
From the complete information, the income tax payable will be calculated thus:
- Pretax accounting income = $32.00
- Rent cost in 2022 = $2.0 × 25% = $.05
- Rent cost in 2023 = $2.0 × 25% = $.05
- Rent cost in 2024 = $2.0 × 25% = $.05
- Rent cost in 2025 = $2.0 × 25% = $.05
Total deferred tax = $2.0
Therefore, the income taxable in the current year will be:
= $24.0 × 25%
= $24.0 × 0.25
= $6.0
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Answer:
A company makes two different-sized ice cream cones. The smaller cones are 3.5 inches tall and have a diameter of 3 inches.