Exempt carriers - Study guides, Class notes & Summaries

CHAPTER 2 1. The Vat on importation is a business tax. 2. The final withholding VAT is a business tax. 3. The VAT on importation is 12% of the value added on importation. 4. The VAT on importation is 12% of the receipts from the sale of services abroad. 5. Importation is subject to either VAT or percentage tax. 6. The final withholding VAT is 12% of the contract price of purchased services from within the Philippines. 7. The sale of services abroad is subject to 12% final withhol...

CA Property and Casualty Insurance Practice Exam Complete Solutions Which of the following is TRUE regarding who qualifies for coverage under the California Fair Access to Insurance Requirements plan? 1. Any person who is unable to obtain basic property insurance through normal channels. 2. Any person who qualifies will receive superior coverage to other forms of property insurance. 3. Any person who does NOT have an insurable interest in a property can participate in the FAIR...

How long must a Carrier keep log books for? - ANSWER 6 months At what weight is a vehicle considered "commercial" and requires NSC #? - ANSWER 5,000kg or more What is the purpose of NSC? - ANSWER 1. To protect drivers, public, and cargo 2. To improve road safey What is carriers' responsibility? - ANSWER 1. Educate himself 2. Proper maintenance of vehicles 3. Drivers are competent and qualified 4. Establishes policy for log books, vehicle files and driver files What is the ...

PHRCA Exam With 100% Correct And Verified Answers Alternative Workweek - Correct Answer-A method of scheduling work that allows employees to work a standard workweek over less than a 5 day period with a number of CA requirements. Senate Bill 1343 - Correct Answer-Requires anti-harassment training every 2 years for all employees employed by employers with 5 or more employees, and all government municipalities. Asbestos Notification Act - Correct Answer-The _______________________________ A...

Class E Missouri license Questions and Answers Rated A+ Max height of any vehicle outside of a commercial zone on designated highways plus 10 miles therefrom? 14' Max height of any vehicle in commercial zone ? 15' Max height on all other highways ? 13 1/2' Max with of any vehicle ? 81/2' Commercial zones exist only in cities with a population of? 75000 or more The commercial zone is ? One mile beyond the city limits plus one mile for every 50,000 residents or portion t...

AWMA Practice Exam II Questions and Answers All Correct Using the capital asset pricing model, what is the expected return for a stock where its beta is 1.20, the risk-free rate is 4%, and the market rate of return is 10%? (Set calculator for four decimal places to reduce rounding error.) A)11.2% B)8.8% C)10.1% D)16.0% - Answer-A .04 + 1.2 (.10 − .04) = .04 + .072 = .112 or 11.2% Which of these is NOT a general rule pertaining to investing in small firms? A)Look for low volatility...

Alternative Workweek A method of scheduling work that allows employees to work a standard workweek over less than a five day period with a number of California requirements. Asbestos Notification Act The California ____________ Act, effective January 1, 1989, applies to the owners of building owners who know that the building has asbestos-containing construction materials to notify co-owners, employees, lessees, and tenants of the presence of asbestos in the building. Previous ...

What Act shaped how commercial insurance carriers approached the concepts of paying for medical care? - ANSWER-HMO Act of 1973 ACA - ANSWER-Affordable Care Act HMO (Health Maintenance Organization) - ANSWER-The organization is both the insurer and provider of a set of defined services. Patients within this network must use an in-network provider for their services to be covered. Capitation Payment - ANSWER-part of prospective payment in which healthcare providers receive fixed monthly p...

NSC Exam Questions and Answers updated How long must a Carrier keep log books for? - ANSWERS 6 months At what weight is a vehicle considered "commercial" and requires NSC #? - ANSWERS 5,000kg or more What is the purpose of NSC? - ANSWERS 1. To protect drivers, public, and cargo 2. To improve road safey What is carriers' responsibility? - ANSWERS 1. Educate himself 2. Proper maintenance of vehicles 3. Drivers are competent and qualified 4. Establishes policy for log books, vehicle ...

CHAPTER 2 1. Resident foreigners are not subject to the VAT on importation. 2. All agricultural or aquaculture inputs are VAT exempt. 3. The sale of processed agricultural products is vatable. 4. The importation of books and newspapers is VAT-exempt. 5. The importation of life-saving equipment is VAT-exempt. 6. The lease of aircrafts or vessels from non-residents is exempt from final withholding VAT. 7. The purchase of services from foreign consultants is exempt from f...