Liza's Employer Purchased a Disability Income Policy from an Insurance

question 7

Multiple Choice

Liza's employer purchased a disability income policy from an insurance company on behalf of all of its employees.The employer paid for two-thirds of the premiums,and the employees paid for the other one-third.Subsequently,Liza received $3,000 per month for 6 months she was unable to work.Liza will be taxed on

• A)$0.
• B)$6,000.
• C)$12,000.
• D)$18,000.

Recognize the primary functions and tasks within various organizations that pertain to Operations Management.

Identify significant historical figures and their contributions to Operations Management.

Discern the critical decisions and elements involved in Operations Management.

Differentiate between goods and services in the context of Operations Management.

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Definitions:

Mudstone

A fine-grained sedimentary rock formed from mud, characterized by a mixture of clay and silt-sized particles.

Stratigraphic Section

A representation of a vertical sequence of the layers of rocks in a particular area, showing their relative positions and compositions.

Basal Conglomerate

A sedimentary rock consisting of rounded clasts or pebbles embedded in a matrix of finer-grained material, often forming the base of a sedimentary sequence.

Plant-Rich Swamp

Wetland ecosystems characterized by the abundance of vegetation, particularly various types of plants, often found in low-lying areas.