What is the purpose of unemployment compensation? Are all employees eligible for unemployment compensation?
What will be an ideal response?
Unemployment compensation is a program that was established to assist workers who are temporarily unemployed. The Federal Unemployment Tax Act (FUTA) and state laws were enacted to implement the program to which employers are required to pay unemployment contributions (taxes). Not all employees are eligible for unemployment compensation. While each state establishes its own eligibility requirements, to collect benefits, applicants must be able to work and be available for work and seeking employment. Additionally, workers who have been let go because of bad conduct (e.g., illegal activity, drug use on the job) or who voluntarily quit work without just cause are not eligible to receive unemployment benefits.
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Which business tool assists in analyzing business strategy?
A. Three Generic Strategies B. The Five Forces Model C. Value Chain Analysis D. SWOT Analysis
A government chooses to impose new regulatory restrictions. This would be what type of project risk?
a. External b. Cost c. Schedule d. Operational
In order to expand its business, the management of Carroll, Inc issued a long-term notes payable for $50,000 on January 1, 2016
The note will be paid over a 10-year period with equal annual principal payments, December 31 of each year. The annual interest rate is 12%. Prepare the journal entry for the first installment payment. What will be an ideal response
Concentration banking is the cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are lockboxes or decentralized company locations, into one or more central cash pools.
Answer the following statement true (T) or false (F)