Comp 401 Studienführer, Klassennotizen & Zusammenfassungen

CPP Practice Exam 208 Questions with Verified Answers From what taxes are cafeteria plan contributions generally exempt? A. SS, Medi, FIT, and FUTA B. FIT and SIT C. SS, Medi, FUTA, and SUI D. SS, Medi, FIT, and SIT - CORRECT ANSWER A. Social Security, Medicare, FIT, and FUTA Reference 4.5 Cafeteria Plans In which boxes on the W-2 would you report the adoption assistance? A. Boxes 3, 4, 5, 6 B. Boxes 1, 2, 3, 4, 5, 6, 12 - Code T C. Boxes 3, 4, 5, 6, 12 - Code A D. Boxes 3...

Independent Contractor - ANSWER Have the right to control their own work, are paid by the job, freedom to select and hire helpers, provide their own tools/equipment, in control of their own schedule Work Comp Limits - ANSWER Statutory Death Benefits - ANSWER Elective Laws - ANSWER Work Comp insurance is not compulsory, can elect not to purchase. If work comp is not purchased, right to common law defense is waived. TX

What is the basic law that governs employee benefit plans? - Answer- ERISA (Employee Retirement Income Security Act) - 1974 What is the name of the law that created parity between corporate and self-employed retirement plans? - Answer- TEFRA (Tax Equity and Fiscal Responsibility Act) - 1992 This act established PBGC? - Answer- ERISA (Employee Retirement Income Security Act) - 1974 Which act/law created QDROS? - Answer- REA (Retirement Equity Act) - 1984 Which act/law created the conc...

Risk - Correct Answer-Chance of loss Loss - Correct Answer-Unplanned reduction of economic value Peril - Correct Answer-cause of loss Hazard - Correct Answer-a condition that increases the chance of peril Risk Transfer - Correct Answer-buying insurance to shift the risk to insurance company Underwriting - Correct Answer-assessing applicant to determine insurability Adverse Selection - Correct Answer-people with greater risk of loss trying to buy insurance Mutual Companies - Correct Answe...

Risk - Answer- Chance of loss Loss - Answer- Unplanned reduction of economic value Peril - Answer- cause of loss Hazard - Answer- a condition that increases the chance of peril Risk Transfer - Answer- buying insurance to shift the risk to insurance company Underwriting - Answer- assessing applicant to determine insurability Adverse Selection - Answer- people with greater risk of loss trying to buy insurance Mutual Companies - Answer- owned by policyholders and issue particip...

Maryland (MD) Psychology Jurisprudence Exam Activities and services - Answer-Psych services required for training Board - Answer-State board of examiner of psychology Number of hours required for licensure - Answer-3250 hours, across 2 years supervised experience (75% by a psychologist, 2 hours for every 20 hours of experience plus other learning activities) Requirement to pass the MD exam - Answer-75% Requirement to pass the EPPI exam - Answer-70% (scaled score 500) recently or 73% befor...

CPP Practice Exam 208 Questions with Verified Answers From what taxes are cafeteria plan contributions generally exempt? A. SS, Medi, FIT, and FUTA B. FIT and SIT C. SS, Medi, FUTA, and SUI D. SS, Medi, FIT, and SIT - CORRECT ANSWER A. Social Security, Medicare, FIT, and FUTA Reference 4.5 Cafeteria Plans In which boxes on the W-2 would you report the adoption assistance? A. Boxes 3, 4, 5, 6 B. Boxes 1, 2, 3, 4, 5, 6, 12 - Code T C. Boxes 3, 4, 5, 6, 12 - Code A D. Boxes 3...

Chapter 3 Product Costing and Cost Accumulation in a Batch Production Environment Answer Key True / False Questions 1. Product or service cost is a very objective number that anyone could agree on. FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 1 Easy Learning Objective: 03-01 Feedback True: This statement is false. Feedback False: Correct! In reality, product cost is a slippery concept. 2. Product costs ...

CEBS GBA Exam 1 Questions And Answers 2024 Broad view of Employee Benefits (Mod 1.1) - correct answer-Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, Child Care, etc..) Narrow view of Employee Benefits (Mod 1.1) - correct answer-Any type of plan sponsored or initiated by Employees and Employers and engaged in prov...

214 FLORIDA INSURANCE EXAM ACTUAL EXAM 150+ QUESTIONS AND CORRECT DETAILED ANSWERS Which type of insurance protects an agent and even pays claims if a lawsuit is brought against the agent as a result of failing to provide a service to a client? - ANSWER-Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - ANSWER-Waiver This Supreme Court case placed the regulation of insurance within the authority of t...