Which of the following statements concerning eligible groups is correct? A. The trustees of negotiated trusteeships must...
Which of the following statements concerning eligible groups is correct? A. The trustees of negotiated trusteeships must consist solely of union members. B. Multiple-employer trusts must either be sponsored by insurance companies or provide benefits on an insured basis. C. Sole proprietors and partners usually are eligible for coverage under an individual employer group as long as they are actively and substantially engaged in the business. D. Benefits under labor union groups are usually financed by direct employer contributions.
Homework Answers
Option C is correct which says that
Sole proprietors and partners usually are eligible for coverage under an individual employer group as long as they are actively and substantially engaged in the business
as according to the Tax Law,the shareholder must be actively engaged in the business activities.
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Which of the following statements concerning eligible groups is correct? A. The trustees of negotiated trusteeships must...
check the answers! Chapter 3 Review L = licensure Applying knowledge LO 3.1 R- Registration Write...
check the answers!
Chapter 3 Review L = licensure Applying knowledge LO 3.1 R- Registration Write for licensure, "C" for certification, and R for registration in the space provided to indicate which is applicable in the following descriptions 1. Involves a mandatory credentialing process established by law, usually at the state level. 2 Involves simply paying a fee. 3. Involves a voluntary credentialing process, usually national in scope, most often sponsored by a private sector group. 4. Required of all...
Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as...
Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as a deductible medical expense? A. Cost of long-term care for a developmentally disabled person in a relative’s home. B. Special school for a deaf child to learn lip reading. C. Cost of elevator installed for individual who had heart bypass surgery (in excess of increase in value of individual’s home). D. Cost and care of guide dogs used by a blind person in his...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
check the answers!
Chapter 3 Review L = licensure Applying knowledge LO 3.1 R- Registration Write for licensure, "C" for certification, and R for registration in the space provided to indicate which is applicable in the following descriptions 1. Involves a mandatory credentialing process established by law, usually at the state level. 2 Involves simply paying a fee. 3. Involves a voluntary credentialing process, usually national in scope, most often sponsored by a private sector group. 4. Required of all...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
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