Which of the Following Is an Employer Mandate in the New

question 211

Multiple Choice

Which of the following is an employer mandate in the new the federal government's new national health care program?

• A) Under the new program, the federal government will coordinate the establishment of health insurance exchanges.
• B) A tax rate of 3.8 percent will be assessed on nearly all earnings above $200,000 per year for individuals and above $250,000 per year for married couples.
• C) Firms with at least 50 employees must either provide health insurance or pay fines when uninsured employees receive tax subsidies to purchase insurance.
• D) Nearly all U.S. residents must either purchase health insurance coverage or pay a fine of up to $750 per year for an individual (up to $2,250 per year for a family).

---

Definitions:

T Accounts

A visual representation used in accounting to depict the debit and credit sides of an account.

Manufacturing Overhead

All indirect costs related to the manufacturing process, including but not limited to, rent, utilities, and salaries of non-direct labor.

Direct Labor Incurred

The cost of wages paid to workers directly involved in the production of goods or services.

Raw Materials

Raw materials are the basic, unprocessed inputs that are used in the manufacturing process to produce finished goods.