Cash allowance - Study guides, Class notes & Summaries

RQ and CRA define a car allowance as reasonable if: correct answers- The allowance is based solely on business kilometres driven in a calendar year - the amount provided is based on the following government-prescribed reasonable guidelines - $0.58 per km for the first 5,000 business km's in the year ($0,62 in the Yukon, NWT & Nunavut) - $0.51 thereafter ($0.56 for YK, NWT, NT) - the employer does not reimburse the employee for expenses related to the same use of the vehicle Personal D...

Insurance: Property & Casualty UPDATED Exam Questions and CORRECT Answers Accident - Correct Answer- A sudden and unexpected event which occurs at a specific time and place. Actual Cash Value (ACV) - Correct Answer- The cost to replace an item of property at the time of loss, less an allowance for depreciation. Often used to determine amount of reimbursement for a loss. Additional Living Expense - Correct Answer- A coverage designed to reimburse the insured for an increase in living...

Internal control is the organizational plan and all the related measures designed to accomplish which of the​ following? ​(check all that​ apply) A. Ensure​ accurate, reliable accounting records B. Promote operational efficiency C. Safeguard assets D. Encourage employees to follow company policies A. Ensure​ accurate, reliable accounting records B. Promote operational efficiency C. Safeguard assets D. Encourage employees to follow company policies Which of the following are ...

Payroll Fundamentals 1 Exam Study Guide 2024/2025 with Complete Solutions RQ and CRA define a car allowance as reasonable if: - Correct Answer - The allowance is based solely on business kilometres driven in a calendar year - the amount provided is based on the following government-prescribed reasonable guidelines - $0.58 per km for the first 5,000 business km's in the year ($0,62 in the Yukon, NWT & Nunavut) - $0.51 thereafter ($0.56 for YK, NWT, NT) - the employer does not reimburse t...

Test Bank For Accounting Principles 6th Canadian Edition (Volume 2) Weygandt Kieso Kimmel Trenholm Kinnear Barlow-1. Determine the cost of property, plant, and equipment. The cost of property, plant, and equipment includes all costs that are necessary to acquire the asset and make it ready for its intended use. All costs that benefit future periods (that is, capital expenditures) are included in the cost of the asset. When applicable, cost also includes asset retirement costs. When multiple ...

Master CBRE Exam Review Questions & Answers 2024/2025 The Real Estate Cash flow Statement- Break it down for me - ANSWERSPGI- Potential Gross Income/ GPR- Gross potential Revenue - Vacancy Rate - Credit Loss - Consessions and Free rent = EGI - Effective Gross Income - Operating Expenses = NOI - Capex = Cash flow before Debt Service - Debt Service = Cash flow after debt service. PGI/PGR- potential gross income/Gross Potential Rent - ANSWERSRent in an ideal world where no on...

ICARE BATCH 6 JOSHUA 1st Preboard AFAR/60 Questions and Answers 100% Correct; STI College(multiple campuses) ICARE BATCH 6 JOSHUA 1st Preboard AFAR/60 Questions and Answers 100% Correct; STI College(multiple campuses) 1. Partner A and B share profits and losses equally after each has been credited in all circumstances with annual salary allowances of P750,000 and P600,000, respectively. Under this arrangement, in which of the following circumstances will A benefit by P150,000 more than B...

Account - ACCURATE ANSWERS an accounting record in which the results of transactions are accumulated; shows increases, decreases, and a balance Accounts receivable - ACCURATE ANSWERS a current asset representing money due for services performed or merchandise sold on credit Accrual accounting - ACCURATE ANSWERS the process of recording expenses and revenues when incurred and earned, regardless of when cash is received, and of adjusting original transaction data into refined measures of a f...

Financial Accounting for MBAs 8 th Edition BY Easton Solutions Manua Solutions Manual Financial Accounting for MBAs 8th Edition Easton Solutions Manual Solutions Manual Directly From The publisher, 100% Verified Answers. Download Immediately After the Order. Forecasting Accounting Numbers ■■Forecasting Assumptions ■■Forecasting Financial Statements Assessing Profitability and Creditworthiness ■■ROE Disaggregation ■■RNOA Disaggregation Analysis ■■...

UGA REAL 4000 EXAM 4 Dietz | Latest Update | 2024/2025 | 100% Verified What is a contingency clause in a real estate contract? A contingency clause specifies conditions that must be met for the contract to be binding, such as securing financing or completing a home inspection. What does earnest money signify in a real estate transaction? Earnest money is a deposit made by the buyer to demonstrate seriousness about purchasing the property. What is real estate syndication? Real e...