The Affordable Care Act Defines Applicable Large Employers (ALEs)as Employers

question 45

Multiple Choice

The Affordable Care Act defines Applicable Large Employers (ALEs) as employers with:

• A) 15 or more full-time employees during the previous year.
• B) 1 or more full-time employees during the previous year.
• C) 200 or more full-time employees during the previous year.
• D) 50 or more full-time employees during the previous year.
• E) 200 or more full- and part-time employees during the previous year.

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Definitions:

Activity Variance

The difference between the budgeted amount of activity (like hours or units) and the actual amount achieved.

Budgeting

The process of creating a plan to spend your money, allowing for the allocation of funds to various areas.

Actual Results

The real financial outcomes achieved by a business over a period, which can be compared against budgeted or forecasted figures for analysis.

Personnel Expenses

Personnel expenses are costs associated with employing staff, including wages, benefits, and taxes.