Payments made by an organisation to its employees for work performed by employees shall always be treated
Question:
Payments made by an organisation to its employees for work performed by employees shall always be treated as an expense. Is this true or false? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
This is false Payments made to employees will not always be treated as an ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Given the following network, with the indicated flow capacities along each branch, determine the maximum flow from source node 1 to destination node 10 and the flow along eachpath: 15 5 10 7 16 12 0...
-
Suppose that you are a project manager using the waterfall development methodology on a large and complex project. Your manager has just read the latest article in Computerworld that advocates...
-
On January 15, 2020, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 6%. On the date of issue, the CPI was 400. By January 15, 2030, the CPI had decreased to 300. What...
-
Great Western Bank has offered a special certificate of deposit (CD) tied to the S\&P 500. Funds are deposited into the account at the beginning of a month and are held in the account for 3 years....
-
On January 2, 2015, the Matthews Band acquires sound equipment for concert performances at a cost of $65,800. The band estimates it will use this equipment for four years. It estimates that after...
-
ANSWER THIS QUESTION ACCURATELY. DO NOT ATTEMPT IF YOU DON'T KNOW WHAT YOU'RE DOING AND DO NOT USE AI/CHATGPT. I will find out. Link to reference textbook:...
-
The flowers in a garden at a resort need to be replaced. The choices for the flowers are Geraniums (G), Impatiens (I), Petunias (P), and Zinnias (Z). The head gardener holds an election in which all...
-
Is it easier to account for an employers contributions and obligations to a defined benefit superannuation plan or a defined contribution superannuation plan?
-
What are the two main categories of superannuation plans, and in which type does the employee bear relatively more of the risk in terms of the amount ultimately to be received on their retirement?
-
Draw a cash flow chart for a fourth-tier supplier such as the mechanical subcontractors ductwork insulation subcontractors material supplier. You may need to draw a quick organization chart. Assume...
-
What is the size/scope of the Foundation world in the nonprofit community?How is it measured statistically?Where does Hawaii rank in US for the number of foundations, the total giving, and gifts...
-
Profit Max Using solver find profit max P,Q,TC,TR, and Profit. You will have till Friday midnight. Turn in only an Excel spreadsheet. 1. P= 25 -.25Q and TC = .15Q 2 + 5Q + 30
-
tommi walker corp's board of directors declared a dividend for all its shareholders there are 8,000 of dividends in arrears for its cumulative preferred shares. there are 1,000 shares of cumulative...
-
Apply what you know about development and development theories to speculate on the following thought experiment: " What if anything might be different about today's international economic order if...
-
Assembly Bill 91 (AB 91) - Loophole Closure and Small Business and Working Families Tax Relief Act of 2019 follows the Tax Cuts and Jobs Act (TCJA) in increasing the average annual gross receipts...
-
A 0.200- g sample of protactinium(IV) oxide is converted to another oxide of protactinium by heating in the presence of oxygen to give 0.2081 g of the new oxide, PaxOy. Determine the values of x and...
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll in Appendix A. Instructions (a) Based on the information contained in...
-
The August 31, 2009, issue of the Wall Street Journal includes an article by Serena Ng and Cari Tuna entitled Big Firms Are Quick to Collect, Slow to Pay. Instructions Read the article and answer the...
-
The information below is from the 2008 financial statements and accompanying notes of The Scotts Company, a major manufacturer of lawn-care products. THE SCOTTS COMPANYNotes to the Financial...
-
Suppose there is a uniformly charged, infinitely tall metal surface. The surface charge density is -4.0 x 10^-10 C/m2. An electron is 1.5 meters away from the wall and is launched directly at it with...
-
1. A basketball rolls down a ramp from rest with an acceleration of 2.5 m/s due to grav- up the ramp with an initial velocity of ity. At the same time, a tennis ball starts to roll 3.7 m/s and the...
-
1) A firm estimates next year's total manufacturing overhead at $450,000. Three possible overhead bases being considered are: 40,000 direct labor hours, $350,000 direct labor dollars, and 2,300...
Study smarter with the SolutionInn App