Pomeroy Corporation Has a Company Health-Care Plan for All Employees

question 56

Multiple Choice

Pomeroy Corporation has a company health-care plan for all employees.Albert,an employee,owns 15% of the stock.Philip,also an employee,owns 1% of the stock.The cost to the company of Albert's health plan is $3,000 and Philip's is $2,100.What amount of the health plan must Albert and Philip report as income?
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Albert Philip

• A)$-0- $-0-
• B)$3,000 $2,100
• C)$3,000 $-0-
• D)$-0- $2,100

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Definitions:

Stereotypes

Oversimplified and widely held beliefs or ideas about the characteristics of particular groups or types of people.

Flexible Work Options

Employment terms that allow for variability in work hours, locations, or job duties to accommodate the needs of employees.

Job Insecurity

A feeling or perception of uncertainty about the future of one's job, often leading to stress or anxiety.