A Health Reimbursement account is a tax-exempt trust administered by a bank, insurance company, or other IRS-approved organization

Indicate whether the statement is true or false

True

Business

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Which of the following is not one of the characteristics of a contract for purposes of revenue recognition?

A) Rights. B) Reasonable profit margin. C) Approval. D) Commercial substance.

Business

A license he receives a monthly salarie of $500, a 2% commission on all listings the cell, and 3% on all sales.last month, none of her listing sold, but she did receive a total of $7400 in salary and commissions. What is value of property that she sold?

A. $250,000 B. 246,667 C. $230,000 D. $148,000

Business