Amounts that come from accounts of unvested employees that can be directed/contributed to the accounts of other employees who participate and remain in the plan are known as what? Select one: a. Matching contributions b. Excess contributions c. Forfeitures d. Rollover contributions

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: Qualified plan assets are placed into and held by a trust.  What can the trust distribute to the…

A: The definition of a qualified trust for purposes of this section is a trust established or organized…

Q: Under IAS 19 Employee Benefits, how is actuarial gain or loss handled?   amount falling outside…

A: IAS 19 deals with the employee benefits. It includes the pension, benefit plans and gratuity etc.

Q: What is the GASB standard for reporting expenditures from governmental funds for employee pension…

A: GASB stands for Government Accounting Standards Board, which is a non-governmental body that holds…

Q: 1. Which of these is NOT a regulation set forth within ERISA? Answer:   A.    Employees must be…

A: You have posted multiple un-interlinked questions, so as per our policy only first question will be…

Q: benefits ofered by government for employees in Explain in which category of funds are these benefits…

A: Retirement and pension benefits are given to a retired government official to make sure that they…

Q: originally if the account owner.did not specify an investment account contributions into a tsp were…

A: Certainly! Let's go step-by-step to understand the evolution of the default investment fund in the…

Q: When a company pays employee healthcare, that is usually considered what kind of activity? a.…

A: Cash activities related to net income are included in operating activities.Cash activities related…

Q: , is best defined as An asset account An account showing the benefits to be paid to the employee An…

A: Benefits payable refer to the additional perks that are paid to employees, in addition to their…

Q: Which of the following is not a regulatory responsibility of the Pension Benefit Guaranty…

A: In order to ensure the payment of pension benefits accrued by employees and retirees in the private…

Q: Cash Patient receivable Patient revenue Salary and wage expense Salaries Payable Employee Benefit…

A: To create a statement of revenue, cost, and change in Fund net position, the provided data has to be…

Q: income recieved but service not rendered, Please suggest the JE

A: Journal entries are recording of the transaction in the accounting journal in a chronological order.…

Q: A Defined Benefit Plan defines the following: O A. Your (employee) contributions to the plan O B.…

A: The employees work for an employer in exchange for a fixed salary per month, but the government has…

Q: Sick pay benefits that are related to an employee's services already rendered, whose payment is…

A: The right response is that accrual is necessary when the benefits both accumulate and vest. The…

Q: What is the difference between making a gif

A: Donation refers to any form or act of charity or a beneficiary objective done by an entity or an…

Q: Employer-sponsored Accident and Health Plans, Medical Reimbursement Pland, Long Term  Care Insurance…

A: Employer offers several benefit plans to employees which include group health care plans and…

Q: Insurance producers who must maintain Premium Fund Trust Accounts (PFTAS) may withdraw funds from…

A: The withdrawal from premium fund trust accounts are permitted for following purposes 1) As payment…

Q: Which of the following is true of defined benefit plans? Select

A: Under the defined benefit plans the employer contribute an amount and deduct an amount from the…

Q: Which of the following statements is false? a. If there are changes to an individual’s…

A: Retirement planning includes preparing now for your retirement life in such a way that one continues…

Q: Which of the following entities can set up a SIMPLE IRA for their employees?

A: Simple IRA plan can be set up for the Employees. explanation can be discussed in step 2

Q: S1: Under a defined contribution plan, the amount of a participant’s future benefits is determined…

A: As per IAS 26 Accounting and Reporting by Retirement Benefit Plan the two given statements are of…

Q: Which of the following items on the statement of net assets available for benefits would indicate a…

A: nondiscrimination testing is one of the tests of IRS testing  in order to ensure that company not…

Q: Which of the following disclosures of post-employment benefits would NOT be required? O the…

A: Post-employment benefits refer to the compensation and support provided by an employer to employees…

Q: State the kinds of note disclosures that need to be made to help users understand the nature of…

A: Question is answered based on Government Accounting. A general fund is a primary fund used by a…

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: If an employer contributes to an Health Savings Account (HSA) on behalf of an employee, a. Is the…

A: Generally the contribution made by the employer to the Health Savings Account (HSA) of an employee…

Q: Which of the following would not be reported as required supplementary information? A.) Budget B.)…

A: The information provided in addition to the financial statements is known as supplementary…

Q: A Voluntary Health & Welfare NFP would include which of the following financial statements in its…

A: FASB 117 describes the FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANIZATIONS