When should you organize your report by time?

When writing reports that are organized by components such as location, geography, and division
When writing reports that establish a chronology of events
When writing reports that follow a prescribed plan that everyone understands

When writing reports that establish a chronology of events

Use the time organizational method to establish a chronology of events.

Business

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How can a payback period approach be used to evaluate potential projects?

What will be an ideal response?

Business

Robert works for American Motors. American Motors pays a $1,200 premium on Robert's health insurance in 2016 . Robert has an operation on his big toe in 2016 that cost $7,200 . The insurance company paid for $6,800 of it. Which one of the following is true for 2016?

a. Robert must claim the $1,200 premium paid by his employer as income. b. Robert must claim the $6,800 paid by the insurance company for the operation as income. c. Robert must claim the $1,200 premium and the $6,800 insurance payment as income. d. None of these events are taxable on his 2016 return.

Business