Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table below shows the results of a market survey on transport benefits offered by 50 companies. Q1 Q2 Q3 Q4 Total No. of Question

The table below shows the results of a market survey on transport benefits offered by 50 companies. Q1 Q2 Q3 Q4 Total No. of Question Yes Avg (P25) (P50) (P75)(P100) Company 1 Do you pay for employees' transport expenses? 90% 50 If yes, what are the types of transport 1.1 expenses paid for? 1.1.1 Overtime taxi claim 70% 1.1.2 Business meetings 100% g| 50 50 2 How do you pay the transport expenses? 2.1 Via reimbursement 20% 50 2.2 Fixed monthly allowance 70% 50 2.3 Via Grab-Biz 10% 50 If your answer to question (2) is fixed monthly allowance, please answer the following question; What is the monthly allowance 3 amount? 4 Does the amount cover the following? 4.1 Petrol 100% 4.2 Parking 10% 4.3 ERP 5% Note: 'Avg' stands for Average. 'Q' stands for Quarter. . 'P' stands for Percentile. $290 $230 $320 $385 $550 50 |g|gg| 50 50 50 a) How many companies paid their employees for transport expenses incurred? b) How many companies reimbursed their employees for transport expenses incurred? c) How many companies paid a fixed allowance to their employees for transport expenses incurred? d) How many companies used Grab-Biz for transport expenses? e) of the fixed allowance paid to employees covered by the survey: What was the average monthly fixed allowance paid to employees? What was the median monthly fixed allowance paid to employees? Which monthly fixed allowance would be considered as representative of the market

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statements Self Study Guide

Authors: Azhar Ul Haque Sario

1st Edition

979-8223894605

More Books

Students also viewed these Accounting questions

Question

=+ f. instituting laws against driving while intoxicated

Answered: 1 week ago

Question

=+ Why have these changes occurred?

Answered: 1 week ago