Employer contributions to employee health insurance must be:

A) Added to Federal taxable wages.
B) Reported in Social Security wages.
C) Reported in State taxable wages.
D) Reported in Box 12, Code DD.


D) Reported in Box 12, Code DD.

Business

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Michael Porter draws a firm distinction between operational effectiveness and a strategy. Briefly describe this distinction, and identify when a company can claim that it has a strategy

What will be an ideal response?

Business

Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 20X7, at underlying book value. On that date, the fair value of noncontrolling interest was equal to 10 percent of the book value of Scrooge Corporation. Pilfer purchased inventory from Scrooge for $90,000 on August 20, 20X8, and resold 70 percent of the inventory to unaffiliated companies on December 1, 20X8, for $100,000. Scrooge produced the inventory sold to Pilfer for $67,000. The companies had no other transactions during 20X8.Based on the information given above, what amount of consolidated net income will be assigned to the controlling interest for 20X8?

A. $51,490 B. $20,100 C. $37,000 D. $53,100

Business

Successful implementation of strategies requires efficient and effective ______ throughout the organization.

a. support systems b. budgetary processes c. data analysis d. mission statements

Business

Patricia purchased a Personal Auto Policy (PAP). Her car was rear-ended by a driver who fled the scene. Patricia suffered whiplash, migraine headaches, and she was unable to work

Which of the following coverages will cover her lost work earnings? A) medical payments B) uninsured motorists C) underinsured motorists D) bodily injury liability

Business