Aurora receives a sound machine worth $300 in recognition of her child born in February. Five months later she receives a restaurant gift card worth $150 as an award for having the best suggestion for improving service. Later that year she is given a vase worth $450 to celebrate her 20 years of service to the company. What amount of taxable benefit would be included in her taxable income for Revenu Québec? $0.00 $100.00 $150.00 $450.00 Question Hayat was provided with a company-owned automobile that he drove for 67,340 km, of which 40,150 km were personal. Hayat did not request to use the optional calculation method. What amount of Operating Expense Benefit would be included in the automobile taxable benefit for the year? $0.00 $9,875.00 $11,479.00
Aurora receives a sound machine worth $300 in recognition of her child born in February. Five months later she receives a restaurant gift card worth $150 as an award for having the best suggestion for improving service. Later that year she is given a vase worth $450 to celebrate her 20 years of service to the company. What amount of taxable benefit would be included in her taxable income for Revenu Québec? $0.00 $100.00 $150.00 $450.00 Question Hayat was provided with a company-owned automobile that he drove for 67,340 km, of which 40,150 km were personal. Hayat did not request to use the optional calculation method. What amount of Operating Expense Benefit would be included in the automobile taxable benefit for the year? $0.00 $9,875.00 $11,479.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Aurora receives a sound machine worth $300 in recognition of her child born in
February. Five months later she receives a restaurant gift card worth $150 as an
award for having the best suggestion for improving service. Later that year she is
given a vase worth $450 to celebrate her 20 years of service to the company. What
amount of taxable benefit would be included in her taxable income for Revenu
Québec?
$0.00
$100.00
$150.00
$450.00
Question
Hayat was provided with a company-owned automobile that he drove for 67,340 km,
of which 40,150 km were personal. Hayat did not request to use the optional
calculation method. What amount of Operating Expense Benefit would be included
in the automobile taxable benefit for the year?
$0.00
$9,875.00
$11,479.00
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