All of the following fringe benefits paid for by the employer may be excluded from an employee's gross income except
A) discounts on services of 25 percent.
B) subscriptions to professional publications.
C) recreational facilities on employer's premises.
D) company-paid parking costing $225 per month to non-employees.
A) discounts on services of 25 percent.
The maximum discount for services is 20%.
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An easement by prescription
A. creates a leasehold estate. B. creates a right of use to the land in question. C. occurs when landlocked property is purchased. D. creates ownership of the land in question.
What is the first step in estimating the population value for an average?
A) Calculate the standard error of the average. B) Calculate the standard deviation of the metric variable. C) Calculate the average of the metric variable. D) Find the limit. E) Find the upper and lower boundaries.
Which of the following is a result that the decision maker should anticipate when solving an integer nonlinear programming model with a maximization objective?
a. The value of the objective function will not be less than the objective function of the non-integer model. b. The value of the objective function will be greater than the objective function of the non-integer model. c. The value of the objective function will not be greater than the objective function of the non-integer model. d. All of the above
How much time is a customer expected to spend waiting in line and checking out?
The local grocery store consists of two cashiers. The customers arrive at the checkout according to the Poisson distribution and the service times are based on negative exponential distribution. The average customer service time is 4 minutes and the average time between the arrivals of successive customers is 3 minutes. Assume that customers equally divide themselves between the two cashiers. A) 8 minutes B) 12 minutes C) 16 minutes D) 20 minutes