Describe the elements of a cafeteria plan and what are the beneficial aspects of such a plan
Question:
Describe the elements of a cafeteria plan and what are the beneficial aspects of such a plan for employers and employees.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
A cafeteria plan also known as a flexible benefit plan or a Section 125 plan is an employee benefits program that allows employees to choose from a va...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
Question Posted:
Students also viewed these Business questions
-
Jason and Marie Salerno, brother and sister, have been running their family business, a water park called Wild Water, since they both graduated from college. The Salernos operate the park, which is...
-
Read the case study: COMMONWEALTH OF THE BAHAMAS IN THE SUPREME COURT Common Law and Equity Division 2019/CLE/gen/01037 BETWEEN NIQUEL PINDER 1 st Plaintiff SHARMAINE BARR 2 nd Plaintiff TIFFANY REID...
-
answer the question clearly You are building a flight-control system for which a convincing safety case must be made. Would you assign the tasks of safety requirements engineering, test case...
-
A heat engine cycle is executed with ammonia in the saturation dome. The pressure of ammonia is 1.5 MPa during heat addition and 0.6 MPa during heat rejection. What is the highest possible thermal...
-
Mr. Gaspe appeared at the eye clinic complaining of a chip of wood in his eye. No foreign body was found, but the conjunctiva was obviously inflamed. What name is given to this inflammatory...
-
The 2023 financial statements of Outdoor Waterworks Inc. follow: Assume all sales were on credit. Also assume the long-term note payable is due in 2026, with no current portion. On the December 31,...
-
What is transfer of training? What role does transfer of training play in e-learning?
-
A manufacturing firm has discontinued production of a certain unprofitable product line. Considerable excess production capacity was created as a result. Management is considering devoting this...
-
Given the following data for Oriole Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: Direct materials used $220000 Beginning work in process $40000 Direct labor...
-
What losses are tax deductible for individual taxpayers?
-
An elderly woman gives stocks and bonds to her son for management and safekeeping. She keeps the stocks and bonds in her own name. He is to manage the portfolio at his choosing. To whom are the...
-
Explain why an employee whose gross salary is $20,000 costs an employer more than $20,000 to employ.
-
The pressure in a container is 52 kPa. If this pressure is measured using a manometer (U-tube) with one end exposed to atmospheric pressure (101.325 kPa), and is filled with a substance having...
-
Solve: vr +4-r+2=0.
-
Solve the equation. K w +11w+24=0
-
Alicia, Arturo, and Adam took part in a walk for a charity. Each had sponsors who agreed to contribute 2 dollars for each mile their student walked. Alicia walked 8 miles and had 11 sponsors. Arturo...
-
At mail time you receive a check for $143 and a bill for $393. Determine whether you are richer or you are poorer and by what amount. Write an integer corresponding to the situation. Are you richer...
-
Gaylen Corp. decides to construct a building for itself and plans to use existing plant facilities to assist with such construction. (a) What costs will enter into the cost of construction? (b) What...
-
In a large midwestern university, 30% of the students live in apartments. If 200 students are randomly selected, find the probability that the number of them living in apartments will be between 55...
-
What Code Section immediately follows Code Sec. 280?
-
Mike and Ellen Evans desi to part in April. Mike moves into an apartment two blocks away. The children spend each weekend with Mike. What filing statuses are available to Mike and Ellen, assuming...
-
Calculate the number of exemptions that could be claimed and the standard deduction that the taxpayer is entitled to take in 2019 in each oft he following independent cases: a. John, age 66, and his...
-
Evaluate the role of principal in financial transactions, such as loans, bonds, and investments. How does the principal amount represent the initial capital invested or borrowed, and how is it...
-
6. The sun is shining directly overhead and Carson's kite is casting a shadow some distance from where he is standing. Carson is holding the kite string 0.5 m above the ground and has let 25 m of...
-
Discuss the implications of principal-based regulation for financial markets and regulatory compliance. How do regulatory authorities, such as financial regulators and securities exchanges, implement...
Study smarter with the SolutionInn App