If a company’s budget were extremely limited and could only afford to offer one benefit, which...

If a company’s budget were extremely limited and could only afford to offer one benefit, which would you select? Provide your rationale for your answer.

Expert Solution

The one benefit I would provide is the health insurance to the employees and their family members. I would choose this because the employees will develop a secured feeling and also feel that the company cares for them and their families. The health of the employees matters the most and as a human being, it is very normal to care for others. The company should also do the same and provide a good insurance plan that can cover the medical expenses of the employees and their families. The employees work hard and contribute to the success of the company. So it will be the responsibility of the company to take care of its employees when they have health issues. Most of the companies do not give importance to this and they go with other options like a yearly bonus or paid holidays. They might sound attractive but they do not do any good to the employees in the long run. It is always better to maintain a good health in order to work without any worries for a long time.

keosha answered 1 year ago

Your budget is such that by spending all of your income, you could afford 12 pizzas...

Your budget is such that by spending all of your income, you could afford 12 pizzas or 36 liters of Beverage per week. Draw your budget line, placing Beverages (in liters) on the vertical axis? Write out a budget equation that would generate this budget line? Is there only one budget equation that will work? What is the slope of the budget line? If you want to use your budget to buy an additional pizza, how many less Beverages will...

Question No. Four X Limited Corporation making one product only, the standard cost of which is...

Question No. Four X Limited Corporation making one product only, the standard cost of which is as follow: 2016 2017 2018 Direct material 35,000 36000 48,000 Direct labor 30,000 33000 42,000 Variable manufacturing overhead 25,000 24000 54,000 Variable marketing costs 10 000 15000 14.000 Total variable costs 100 000 122000 158.000 - The fixed manufacturing overhead costs $300,000 - Fixed marketing costs $200,000 - The selling price $200 per unit sold - The number of units produced and sold were:...

A defined benefit plan is one in which

A defined benefit plan is one in which the employer promises specified payments to employees on their retirement. the specific provisions are defined by the Internal Revenue Code. the specific provisions are defined by the Uniform Code of Retirement Plans the employee can specify the mix of benefits (e.g., health, pension, Insurance that will be received on retirement.

Softwood Limited, which has only one product, has provided the following data concerning its operations for...

Softwood Limited, which has only one product, has provided the following data concerning its operations for September: Selling prices $84 Units in beginning inventory 500 Units produced 1,900 Units sold 2,100 Units in ending inventory 300 Variable costs per unit: Direct materials $25 Direct labour $10 Variable manufacturing overhead $7 Variable selling and administrative $10 Fixed costs: Fixed manufacturing overhead $38,000 Fixed selling and administrative $21,000 The company produces the same number of units...

Budget allocation is not limited only to the cost of various communications tools. true/false Please choose...

Budget allocation is not limited only to the cost of various communications tools. true/false Please choose the true and false option for those 10 questions. 1. Previous customer communication plans and market analysis does not assist in developing a clear picture of future planning. true/false 2. Budget allocation is not limited only to the cost of various communications tools. true/false 3. The understanding of your clients / customer needs, emotions, interests, and activities can ensure accuracy and relevancy. true/false 4....

It is possible to create partnerships in which a partner has only limited liability. Is such...

It is possible to create partnerships in which a partner has only limited liability. Is such an arrangement consistent with partnership law? Or, should the advantages of a limited partner be extended to all partners?

Which one of the two brainstem respiratory centers is extremely essential to respiration and why? What...

Which one of the two brainstem respiratory centers is extremely essential to respiration and why? What is the function of the other respiratory center?

How could a function be defined everywhere but continuous at only one point?

QUESTION ONE The following information relates to the only product manufactured and sold by Namwela limited....

QUESTION ONE The following information relates to the only product manufactured and sold by Namwela limited. K per Unit Selling price 50 Direct Material cost 14 Direct labour cost 16 Variable production overhead 10 Fixed production overhead 1.80 Variable sales and marketing overhead 1.00 The following level of activity took place over the first two years of the product’s life: Sales ( units) production ( units) Year 1 13,000 14,000 Year 2 12,500 11,500 ADDITIONAL INFORMATION 1. Budgeted fixed production...

If internal audit resources are limited to conducting only one audit at a divisional location, should...

If internal audit resources are limited to conducting only one audit at a divisional location, should a high-risk process that was audited last year at this location be audited in lieu of a moderately risky process that was last audited four years ago? Explain.

Question