Describe the basic characteristics of cafeteria plans in an employee benefits program.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Cafeteria plans allow employees to select those employee ben...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Principles Of Risk Management And Insurance
ISBN: 399
12th Edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
Describe the basic characteristics of an independent measures, or a between-subjects, research study?
-
Describe the basic characteristics of a reciprocal exchange.
-
Describe the basic characteristics of variable life insurance.
-
What is the best way to describe automation? developing highly advanced robots that can mimic higher-levelhuman thinking making human workers fully reliant on technology to performtheir job...
-
Write an equation describing the relation- ship between the two variables in each of the following problems and graph the relationship. (a) Sun & Ski Travel pays for radio advertising at the fixed...
-
What is a bond sinking fund, and what is its purpose?
-
To gain knowledge of the different kinds of security measures available. LO.1
-
During its first year of operations, Macks Plumbing Supply Co. had net sales of $3,250,000, wrote off $27,800 of accounts as uncollectible using the direct write-off method, and reported net income...
-
On 1/1/X1 you borrowed $80,000 at an 8% Interest rate for 4 years. The loan agreement indicates that the quarterly payments should be made on 31/3, 30/6, 30/9, and 31/12, with an amount of $5,892 per...
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
Briefly describe the major characteristics of the following group disability-income plans: a. Short-term disability-income plans b. Long-term disability-income plans
-
Explain the typical eligibility requirements that employees must meet in group insurance plans.
-
The technical report Ozone Season Emissions by State (U.S. Environmental Protection Agency, 2002) gave the following nitrous oxide emissions (in thousands of tons) for the 48 states in the...
-
How do socio-cognitive mechanisms, such as social identity theory and self-categorization theory, contribute to the formation and maintenance of organizational culture ?
-
How do you Sales Forecast and an Expense forecast for future years?
-
2. Do you really think the Bono case described in Ch. 2 is a genuine ethical conflict? Explain. 6. Describe the ethical issue in the Siemens case
-
How do I calculate using the SPC method if my key metric is time
-
Labor Standards: Where Do They Belong on the International Trade Agenda? Author(s): Drusilla K. Brown Link. https://viu.summon.serialssolutions.com/?#!/search?....
-
Klein Company has a contribution margin ratio of 35 percent. What dollar sales volume per month is necessary to produce a monthly operating income of \(\$ 30,000\), if fixed costs are \(\$ 145,000\)...
-
Suppose the S&P 500 futures price is 1000, = 30%, r = 5%, = 5%, T = 1, and n = 3. a. What are the prices of European calls and puts for K = $1000? Why do you find the prices to be equal? b. What...
-
If good X has 7 substitutes and demand is inelastic, then if there are 9 substitutes for good X, will demand be elastic? Explain your answer.
-
Assume that Vermont Co. has net payables of 200,000 Mexican pesos in 180 days. The Mexican interest rate is 7 percent over 180 days, and the spot rate of the Mexican peso is $.10. Suggest how the...
-
Assume that Citadel Co. purchases some goods in Chile that are denominated in Chilean pesos. It also sells goods denominated in U.S. dollars to some firms in Chile. At the end of each month, it has a...
-
Explain how a U.S. corporation could hedge net receivables in euros with futures contracts. Explain how a U.S. corporation could hedge net payables in Japanese yen with futures contracts.
-
Flexible manufacturing places new demands on the management accounting information system and how performance is evaluated. In response, a company should a. institute practices that reduce switching...
-
Revenue and expense items and components of other comprehensive income can be reported in the statement of shareholders' equity using: U.S. GAAP. IFRS. Both U.S. GAAP and IFRS. Neither U.S. GAAP nor...
-
Kirk and Spock formed the Enterprise Company in 2010 as equal owners. Kirk contributed land held an investment ($50,000 basis; $100,000 FMV), and Spock contributed $100,000 cash. The land was used in...
Study smarter with the SolutionInn App