All of the following payments made to employees would be currently deductible as business expenses except
a. Wages paid to employees for constructing a new building to be used in the business.
b. Vacation pay paid to an employee when the employee chooses not to take a vacation.
c. Reasonable salary paid to a corporate officer owning a controlling interest for services she rendered.
d. Lump-sum payment made to the beneficiary of a deceased employee that is reasonable in relation to the employee's past services.
Ans: a. Wages paid to employees for constructing a new building to be used in the business.
You might also like to view...
When compared to priorities, resources, and personality, schedules rank the highest in terms of conflict intensity
Indicate whether the statement is true or false
When using PFMEA, the suggested value for schedule changes not impacting major milestones is
A) 5. B) 4. C) 3. D) 10.