Tax 1 pre assessment - Study guides, Class notes & Summaries

Which of the following types of health insurance covers the cost of providing non-medical custodial care to individuals with cognitive problems? A. Disability income insurance B. Long-term care insurance C. Hospital expense coverage D. Medical Expense coverage B All of the following are characteristics of a group health insurance plan EXCEPT: A. Only group members may be covered. B. There is one master contract B. Each person has a policy D. Benefits are essentially the same for al...

Which of the following types of health insurance covers the cost of providing non-medical custodial care to individuals with cognitive problems? A. Disability income insurance B. Long-term care insurance C. Hospital expense coverage D. Medical Expense coverage B All of the following are characteristics of a group health insurance plan EXCEPT: A. Only group members may be covered. B. There is one master contract B. Each person has a policy D. Benefits are essentially the same for al...

WGU Accounting Information Systems Pre-Assessment What are two traits of useful information? a) accessibility b) reliability c) measurability d) quantifiability -A & B Businesses must pay a variety of taxes. Match each item of information to the type of tax that requires it. Answer options may be used more than once or not at all. a) point-of-purchase rate tables b) total wage expense c) total sales 1) sales tax 2) payroll tax - a) 1 b) 2 c) 1 Which events are part of the rev...

Maryland Title Insurance Pre-License Course Latest Update Graded A Easement Appurtenant Only exists between properties Dominant Tenement Has right to use your property (ex. Driveway) Servient Has to allow the dominant tenement passage of property (ex. Driveway) UCC-1 United Commercial Code 5 years of date. Renew 6 months before expiration. Land Records. Termination. Mechanic Lien Must be enforced in 1 year FICE Circuit Court Bond with the Circuit Court Federal State Taxes 10 years from the ...

Life, Health and Accident Insurance Exam and Notes Key Topics in Life Insurance 1. Insurance Application Process - The agent does not set final rates. - If a question is missed, schedule another appointment. - The underwriter or beneficiary does not need to sign the application. 2. Insurability and Coverage - The definition of insurance as risk transfer. - Coverage dates based on conditional receipts. - Requirements for signatures on applications. 3. Types of Insurance - Differences betw...

FPC Practice Exam 188 Questions with Verified Answers Cafeteria plan are authorized by what Internal Revenue Code Section? A. 125 B. 401k C. 403b D. 457b - CORRECT ANSWER a. 125 all of the following are tax implications of a cafeteria plan except: a. no income tax withholding b. no social security and medicare tax withholding c. must withhold income, social security, and medicare taxes d. no form W2 reporting - CORRECT ANSWER C. must withhold income, social security, and medicare t...

WGU D102 Pre-Assessment Exam Questions And Answers Latest Updated 2024/2025 Guaranteed Success (GRADED) What information is contained in a balance sheet? Report of a company's financial position during a period of time. Report of a company's operating performance as of a point in time. Report of a company's financial position as of a point in time. Report of a company's operating performance during a period of time. - Correct answer Report of a company's financial position as of a poin...

Chapter 1: Pre-assessment Test: SHRM-CP and SHRM-SCP Exam Questions And Answers 1. One of the key PEST factors that can influence an organization's global talent acquisition and retention strategies is the following question: Do tax and other socialized incentives exist that could influence hiring decisions? This factor is identified as: A. Political B. Economic C. Social D. Technological - ANS A. Political A. The factor that addresses whether tax or other socialized incentives...

CIPS LEVEL 4 MODULE 1 EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ The Purchasing process Correct Answer: 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply Correct Answer: recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs Correct Answer: These are costs which can b...

Virginia national and state PSI real estate study guide graded A+ . Government rights in land 1 2 3 4 1. Police Power 2. Eminent Domain 3. Property Taxes 4. Escheat police power Enacts and Enforces laws governing land use - public control of land ( Eg. zoning, building codes, etc) eminant domain Power of a government to take private property for public use. Property Taxes Ad valorem ( at assessed value) Escheat governments reversionary right. Abandoned property of intestate owners with n...