Question

In: Accounting

Question 9 2 pts The experience rate can also be called the payroll deduction rate. charged...

Question 9 2 pts

The experience rate can also be

called the payroll deduction rate.
charged back to the employee at 100%.
collected by the Department of Revenue.
none of the above.

Flag this Question

Question 10 2 pts

The composite rate is comprised of ______ different premiums.

5
4
7
300

Flag this Question

Question 11 2 pts

The required report to L&I must be submitted...

annually
monthly
quarterly
depends on the amount of the liability due.

Flag this Question

Question 12 1 pts

When applying the 160 hour rule employers deduct for vacation, sick or holiday hours.

True
False

Solutions

Expert Solution

Q9)

Experience tax rate refers to a method for determining the contribution rates of individual employers according to the factors specified in the state unemployment compensation code for measuring an employer's experience with respect to unemployment. The experience rate is designed to ensure that an employer has sufficient funds to cover future unemployment disbursements. The Employers are charged a premium if they are facing higher risks according to the experience rate. The loss experience of a particular employer is compared to the loss experience of similar groups of employers. Based on this comparison, an experience modifier is calculated for each employer.

There is no concept of payroll deduction depending on the experience rate and hence it is not called as the payroll deduction rate.

Further, it can be seen in the above description that the experience rate concept is solely linked to the employer and not to the employees. Hence, it cannot be charged back to the employee.

Further, the experience rate cannot be collected by the Department of Revenue as it is not a monetary concept.

Hence, the answer is ‘none of the above’

Q10)

Composite rates comprise of average premium of a particular group of individuals to arrive at the final rate for each individual. There is no particular number for the group to be taken.

However, there is no applicable answer mentioned in your options. Please verify the question

Q11)

The required report to L&I must be submitted Quarterly.

Hence, the answer is ‘quarterly’


Related Solutions

2. A charged object called q1 (+100 C) is in the vicinity of a second charged...
2. A charged object called q1 (+100 C) is in the vicinity of a second charged object called q2 (-50 C). Each object has the same mass. These two objects make up a closed system. a. At what separation distance will they electrostatically attract each other with a force of 1000 N? b. What minimum amount of charge must be removed from object q1 and placed on object q2 so that they will begin to electrostatically repel each other? Explain...
Secured bonds are: Question 35 options: A) also called mortgage bonds. B) also called serial bonds....
Secured bonds are: Question 35 options: A) also called mortgage bonds. B) also called serial bonds. C) bonds that give the bondholder the right to take specified assets of the issuer in the event the issuer fails to pay interest or principal. D) also called mortgage bonds and bonds that give the bondholder the right to take specified assets of the issuer in the event the issuer fails to pay interest or principal. If, as part of the accounting for...
Chapter 9 question 2 In the study described in Problem 1, data are also available reflecting...
Chapter 9 question 2 In the study described in Problem 1, data are also available reflecting whether or not the child’s father has ADHD. The relationship between the father’s diagnosis, the child’s exposure to lead paint, and the child’s diagnosis are shown in Table 9–27. Estimate the relative risks and odds ratios for a child’s diagnosis of ADHD relative to exposure to lead paint, stratified by the father’s diagnosis of ADHD (i.e., for fathers with and without the diagnosis). How...
Chapter 9 question 2 In the study described in Problem 1, data are also available reflecting...
Chapter 9 question 2 In the study described in Problem 1, data are also available reflecting whether or not the child’s father has ADHD. The relationship between the father’s diagnosis, the child’s exposure to lead paint, and the child’s diagnosis are shown in Table 9–27. Estimate the relative risks and odds ratios for a child’s diagnosis of ADHD relative to exposure to lead paint, stratified by the father’s diagnosis of ADHD (i.e., for fathers with and without the diagnosis). How...
QUESTION 2 A real exchange rate can be thought of as, a. the rate at which...
QUESTION 2 A real exchange rate can be thought of as, a. the rate at which two countries' goods trade against each other b. a comparison of the actual nominal exchange rate versus the purchasing power parity predicted nominal exchange rate c. neither A nor B d. both A and B QUESTION 3 Suppose the Thai baht -- U.S. dollar nominal exchange rate is 30 bahts to one dollar. According to (absolute) purchasing power parity, this means that what 1...
The interest rate charged per period multiplied by the number of periods per year is called...
The interest rate charged per period multiplied by the number of periods per year is called the effective annual rate. compound interest rate. periodic interest rate. annual percentage rate. daily interest rate.
Question 174 pts An efficient way to move toward the Nash equilibrium is called: an agreement....
Question 174 pts An efficient way to move toward the Nash equilibrium is called: an agreement. a principle. a convergence. a resolution. a convention. Flag this Question Question 184 pts In long-run equilibrium, the monopolistically competitive firm: will earn a positive economic profit. will cease to advertise. will no longer need to engage in non-price competition. will face a perfectly elastic demand curve. will break even. Flag this Question Question 194 pts Celebrity endorsements are often used by monopolistically competitive...
Question 63.33 pts What is the first block in a blockchain called? Group of answer choices...
Question 63.33 pts What is the first block in a blockchain called? Group of answer choices Genesis block First block Alpha block Initial block Question 53.33 pts Data is permanently recorded on the Bitcoin network through files called Group of answer choices Blocks Nounce Node Safety file
a) (10 pts) Suppose that the stock price is $31, the risk-free interest rate is 9%...
a) (10 pts) Suppose that the stock price is $31, the risk-free interest rate is 9% per year, the price of a three-month European call option is $2.69, and the price of a 3-month European put option is $2.25. Both options have the strike price $29. Assume monthly compounding. Describe an arbitrage strategy and justify it with appropriate calculations. Please write your solution in complete sentences. b) (10 pts) Use the same data as in part (a), but suppose now...
4. [22 pts] For the function ?(?) = 2?5 − 9?4 + 12?3 − 12?2 +...
4. [22 pts] For the function ?(?) = 2?5 − 9?4 + 12?3 − 12?2 + 10? − 3 answer the following: a. [2 pts] Determine whether the function represents a polynomial. Justify your answer. b. [4 pts] Determine whether the function satisfies the Intermediate Value Theorem on the interval [0, 5]. Justify your answer. c. [2 pts] Determine the number (quantity) of complex zeros that the function has, provided the each zero is counted by its multiplicity. d. [4...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT