es Exercise 4-8A (Static) Which of the following is true about fringe benefits? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wro answer. Any boxes left with a question mark will be automatically graded as incorrect.) ?They are only available for employees and their families. ? The amount of the fringe benefit is never subject to income tax. ?They represent additional cash paid directly to employees. They represent additional compensation given for services performed.
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- Choose only one answer as well as state their reasons/rationale for the answer chosen. 5) Testing whether or not all employees are being paid at least the minimum wage would be an example of a(n):a. Reasonableness testb. Sign checkc. Check digit verificationd. Limit checkChoose only one answer as well as state their reasons/rationale for the answer chosen. 9) An application control that compares the amount of an employee’s pay raise to that employee’s existing salary is called a(n):a. Limit checkb. Range testc. Reasonableness testd. Check digit verificatione. Size checkChapter 15 Please remember that you must do your own work. Any plagiarism will result in a grade of zero for all students involved. Please use your own words even if you are using the textbook for answers. Always provide a citation when a reference is used. The purpose of deductibles in property insurance policies is to reduce the number of small claims that are costly to adjust and provide claims service. The purpose of deductibles and coinsurance in health insurance is quite different. Discuss the purpose of deductibles and coinsurance in health insurance and the need for insureds to share in those types of costs. A. Describe a person (individual or family) who would likely benefit from establishing a health savings account (HAS) B. Briefly explain the major characteristics of a health savings account (HSA). A. Explain the following renewal provisions that may appear in individual health insurance policies: Guaranteed renewable: Noncancelable: Conditionally renewable:…
- Imperial Jewelers manufactures and sells a gold bracelet for $401.00. The company's accounting system says that the unit product cost for this bracelet is $272.00 as shown below: Direct materials Direct labor Manufacturing overhead Unit product cost The members of a wedding party have approached Imperial Jewelers about buying 30 of these gold bracelets for the discounted price of $361.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $6. Imperial Jewelers would also have to buy a special tool for $457 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $7.00 of the overhead is variable with respect to…Exercise 4-6B (Static) Grey is an employee of Convergent Technologies whose job is strictly based in the company's office. The employer has authorized the use of a company vehicle for commuting purposes as necessary. Required: Which of the general valuation rules would be appropriate to evaluate the value of this fringe benefit? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. ?Cents-per-mile rule ? Unsafe conditions rule ? Commuting rule ? Lease value ruleGenerally speaking, the _________ the risk in a job, the _________ workers’ compensation insurance will cost. Select one: a. None of these is correct b. lower; more c. higher; less d. lower; less
- Answer only patrs D Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Solve it Explanation .0% plagiarism. I will dislike if u gibe wrong answersWhy do you think fringe benefits are important enough to influence an employee's choice of employer and what are some specific examples of benefits that might appeal to prospective employees? Post your response and research (at least two scholarly resources) in a descriptive one-page memo or report in Microsoft Word. Your response should explain your findings in relation to why fringe benefits are important to employees.
- Your CEO is worried about employee retention and recruitment and is considering offering some fringe benefits for that purpose. Outline 3 possible fringe benefits the company could add and what restrictions the company would have to follow for the employees to exclude that benefit from their compensation. The company currently does not offer any fringe benefits.One of your long-term customers asks if you can change the terms to FOB Destination to help them save money. Do you change the terms, why or why not? What positive and negative implications could this have for your business, and your customer? What, if any, restrictions might you consider if you did change the terms?Suppose health-care reform Y makes it unlawful for insurance companies to deny insurance to persons with a preexisting disease and sets a fine for those people who do not buy insurance. It follows that if the fine is a. larger than the benefits derived from not buying insurance right away, then people will not buy the insurance and pay the fine. b. smaller than the benefits derived from not buying the insurance right away, then people will not buy the insurance and pay the fine. c. There is not enough information provided to answer this question. d. larger than the benefits derived from not buying insurance right away, then people will buy the insurance right away and not pay the fine.