Why are the different organizations method to use Salary Surveys? Also elaborate employees financial and non-financial benefits?(describe in details)

Q: Which of the following is not a requirement for expense reimbursements to be an accountable plan?…

A: Reimbursement plan complies with IRS regulations, according to IRS regulations, a reimbursement plan…

Q: How to determine the estimated net cost of benefits to the employer?

A: In an organizational setting, when business activities are carried out it results in some benefits…

Q: A new employer will be assigned a SUTA contribution rate: a.  will be different for all new…

A: The correct answer is Option (d).

Q: Explain The various employee benefits in an organization: 1-Social Security : 2-Workers'…

A: The payments which is made by employers to its employees that are beyond the wages paid. Typically,…

Q: increases the Employee Benefit Expense?

A: Employee benefit expense means Benefits/Compensation provided to the employee other than by way of…

Q: Under the FLSA, what information concerning employees' wages earned must be maintained by the…

A: Payroll Register: Payroll register is a schedule maintained by the company to record the earnings,…

Q: How should an employer's commitment for employee benefits be calculated, according to AASB 119

A: Definition: In the context of employee benefits, this refers to all types of consideration offered…

Q: What are the disclosures and important key points of interim financial reporting PAS 34 and employee…

A: Firms issue interim statements, which are financial reports that span a duration of less than a…

Q: Why

A:

Q: Define Employee discounts.

A: Discount:   It is a portion of money that is deducted from the selling price of a product or a…

Q: Compensation income is income that is typically derived from self-employment.    True or False

A: Declaimer: “Since you have asked multiple question, we will solve the first question for you. If you…

Q: Explain what an experience or merit rating is and how it affects the amount paid by an employer for…

A: State Unemployment Insurances taxes: These are the taxes paid by the employer to the credit of the…

Q: Explain he basic arrangement in a worker’s compensation scheme. What is meant by ‘exclusive remedy”…

A: Hi, the question has multiple sub-parts and as per our policy, we will answer the first three.…

Q: Calculate the total amount (employer and employee portions) that Harris Consulting will remit to the…

A: Payroll Accounting can be defined as the accounting system which helps to compute the total payments…

Q: An experience rating, or merit rating a.  directly adjusts the benefit amount the unemployed…

A: The correct answer is option (c).

Q: According to AASB 119, how should an employer's obligation for employee benefits be measured?

A: Employee benefits refer to the consideration of all forms that are given by an entity to its…

Q: Explain Employee benefit plans.

A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…

Q: Which department authorizes changes in employee pay rates?

A: Employee Pay Rate:  Employee pay rate is the amount which is given to the employee against the work…

Q: Employee benefits are all forms of monetary consideration given by an entity in exchange for…

A: IAS 19 Employee benefits relates to accounting of all the employee payments apart from share based…

Q: Do workers compensations statutes apply to seasonal or temporary workers? Explain

A: Definition: Worker’s compensation scheme: Worker’s compensation scheme is an arrangement that…

Q: PAS 24 requires the disclosure of key management personnel compensation. Which of the following is…

A: As per PAS 24 - Related Party disclosures - compensation include the below mention -  Post…

Q: What are the challenges do CPA face in terms of their salaries?

A: CPA ( Certified Public Accountant) and their challenges with regards to salaries differ with…

Q: Determine the total employee withholdings

A:

Q: . Given the information, determine the annual cost of hiring the outside accountant.

A: Outsourcing cost is the costs which have to be paid person or the employee to which the said work…

Q: Why might a manager focused solely on accounting numbers miss opportunities for future benefits?

A: The accounting manager oversees the accountant. Create systems and processes for analyzing and…

Q: Explain the relevance of contract law to accountants. Include any ethical factors that might need to…

A: Answer: The basic principles of contract law embrace mutual assent, thought, capacity and legality…

Q: mployee benefits are all forms of monetary consideration given by an entity in exchange for services…

A: Employee benefits are non-monetary compensation granted to employees as a condition of employment.…

Q: 2.Which inputs in a material Employee Benefits estimate is most likely the responsibility of the…

A: Audit refers to the checking as well as inspection of the original books of accounts or financial…

Q: Write the definition, recognition, measurement important key points and disclosure if any in the…

A: Accounting standards are the regulations and rules provided to the business for preparing and…

Q: Which of the following amounts paid by an employer to an employee is not subject to withholding? Oa.…

A: Given : Multiple options  a) Salary  b) Travel expense reimbursements from an accountable plan c)…

Q: Briefly explain the controversies around executive compensation.

A: Compensation is the return which has to be paid to the employee on whom the said employee has been…

Q: Can employees of government form and join labor organization? Why or why not?

A: A government employee has a right to join or form the union, but they are not having the right to…

Q: Which one of the following increases the labour costs to an entity? Select one: O A. Productivity…

A:

Q: a. MFRS119 Employee Benefits prescribes the accounting and disclosure requirements by employers for…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: please  define salary, wage, income, benefits

A: Compensation is often defined as a monetary payment made to an individual in return for their…

Q: Which one of the following increases the labour costs to an entity? Select one: A. Productivity…

A: Employee means a person who work in our company and get wages or salaries in return of work…

Q: Identify the applicable qualitative characteristics referred to in the Conceptual Framework for…

A: Facts in the given question are mentioned below: Profits are based on Director's Bonuses. Their…

Q: Why should the employee’s supervisor not distribute paychecks?

A:

Q: What is the uses and fucntions of Executive Performance Measures and Compensation?

A: Answer: Executive performance measures and compensation both are related terms to each other in any…

Q: Which of the following is an indicator that an employee benefit is provided in exchange for…

A: The question is related Employee benefits. As per employee benefits  It requires recognition of the…

Q: Which of the following is/are true with regard to accounting for short-term employee benefits?…

A: Short-term employee benefits refer to those employee benefits that are supposed to be sorted out…

Q: Which of the following characteristics is/are indicative of a post-employment defined contribution…

A: A defined contribution plan is a post-employment benefit plan in which an employer makes fixed…

Q: Which of the following departments most likely would approve changes in pay rates and deductions…

A:

Q: What is an ‘employee benefit’ and what are the various forms that these benefits can take?

A: Such benefits which are given either in monetary forms or non-monetary forms to the employee in…