WK6 DISCUSSION QUESTION –
/0 Comments/in /by adminWK6 DISCUSSION QUESTION –
Although you may not be thinking of it at the moment, probability plays an important role when reviewing various insurance policies. A careful decision is necessary in order to identify the best plan of action for you and your family, as well as what deductible amounts better fits your need. Did you know that when selecting automotive insurance and or home owner’s insurance, you use probability to determine “how likely” it is that you will actually need to utilize this policy by filing an insurance claim. For example, if 14 out of every 100 drivers or 14 percent of drivers within your neighborhood have had a collision with deer during the past year, would you purchase comprehensive or liability insurance on your car? Be sure to explain your reasoning/rationale.
To clarify:
Liability coverage – Liability coverage does not cover any damage to your own vehicle in the case of an accident. What it does cover is any damage done to other vehicles that you’re legally obligated to cover. For example, if you’re in a traffic accident where you are at fault and you damage another car, liability insurance kicks in.
Comprehensive coverage – Comprehensive coverage goes beyond liability insurance. It covers the damage done to other vehicles, but it also covers damage done to your own vehicle, not just from traffic accidents, but from many natural sources. If your car is damaged in a storm, for example, comprehensive coverage kicks in.
Assignment
/0 Comments/in /by admin“The Pay-for-Performance Link“ Please respond to the following:
- Analyze the link between well-designed performance appraisals and merit pay and make at least two (2) recommendations for improving the strength of that link across the greatest number or organizations. Provide your rationale.
- Examine the limitations of merit pay programs to determine which limitation is the most difficult to overcome and suggest ways to overcome these limitations. Provide specific examples to support your response
Intermediate Accounting 20
/0 Comments/in /by adminIntermediate Accounting 20
1. What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, would you rather have a defined contribution plan or a defined benefit plan? Explain why. As an employer, would you rather offer a defined contribution plan or a defined benefit plan? Explain why.
2. What are the components of pension expense? How is the interest rate determined? Why is prior service costs amortized? How do the components of pension expense differ among the various types of contribution and benefit plans?
3. How does a pension plan differ from a 401(k) plan? As an employee, would you rather have a pension plan or a 401(k) plan? Explain why. If you were an employer, would your decision change? Explain why or why not.
4. Determine the meaning of the following terms:
(a) |
Contributory plan. |
(b) |
Vested benefits. |
5.
(c) |
Retroactive benefits. |
(d) |
Years-of-service method |
Questions
/0 Comments/in /by adminQUESTION 1. Supporting an autonomous and positive face can be challenging. There are times when an autonomous and positive face can create conflict.
Provide an example of a time that this has happened to you or someone you know in your professional and personal experience. What did you do to resolve the issues of autonomous and positive face? Are the strategies you used for each different?
QUESTION 2. Forgiveness can be an integral part in conflict resolution and even a strong factor in psychological and physical health. Some philosophers state that forgiveness is a gift to the person doing the forgiving, not necessarily for the forgiven.
In a minimum of 250 words, discuss whether you agree or disagree with this statement? Should forgiveness and reconciliation be the ultimate goal for all conflict resolution? Support your answer with appropriate resources.
Intermediate Accounting
/0 Comments/in /by admin– Intermediate Accounting
1. Why are there differences between taxable and financial income? What are some examples of permanent and temporary differences? Why do these differences exist? How do they affect the financial statements?
2. How are deferred tax assets and deferred tax liabilities derived? How do they relate to the difference between tax expense and taxes payable? How could an organization have a tax receivable? Why is the tax expense reported on the income statement comprised of current and deferred tax?
3. How are the tax benefits of net operating losses (NOL) disclosed on financial statements? Which is more beneficial to an organization, an NOL carryforward or an NOL carryback? Explain why. When would a company decide to forego a carryback?
4. What are the possible treatments for tax purposes of a net operating loss? What are the circumstances that determine the option to be applied? What is the proper treatment of a net operating loss for financial reporting purposes?
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