User Account

All Pages

What are the issues with the given practice

Assignment Help Accounting Basics
Reference no: EM132745604

Question: The state of Kansas passed legislation in 2007 that allowed employers to select their employee pay method. The legislation was known as the "paperless payroll law," and many employers opted to give their employees paycards instead of cash, check, or direct deposit. This practice spread to many other states, including New York. In 2017, the law was revoked because it made employers into de facto financial institutions.

Required: (1) What are the issues with this practice?

(2) What are the benefits?

Reference no: EM132745604

Questions Cloud

Construct a well-written objective : Provide an example of a well-worded objective, and a poorly worded objective. Why is one better than the other? Explain your rationale. For a second comment
Prepare the entry to record payroll liability : Prepare the entry to record payroll liability, distribute the payroll cost and employer payroll taxes, treated as indirect cost
Importance for having a union in a public school : What is the importance for having a union in a public school?
Which contract would you recommend that he accept : Mubashir Ali is negotiating his employment contract. His opportunity cost is 14%. As his financial adviser, which contract would you recommend that he accept
What are the issues with the given practice : The state of Kansas passed legislation in 2007 that allowed employers to select their employee pay method. The legislation was known as the.
What might have been better strategies : Do not copy from previous works. Please explain in very details with appropriate examples.
Applied to your current or future work position : Discuss the primary manner in which the concepts of this course can be applied to your current or future work position.
Operate from a functional or divisional structure : If you owned and opened three restaurants after you graduated, would you operate from a functional or divisional structure and why?
Conceptualizing framework for global business ethics : There are also detailed descriptions of steps in conceptualizing a framework for global business ethics,

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd