What is tip allocation?

Answer In restaurants or other business settings where employees receive tips for their services, the IRS (Internal Revenue Service) has a set of requirements for how this money must be reported or alloca... Read More »

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What is the meaning of resource allocation?

The term "resource allocation" refers to the act of distributing available resources such as money, supplies or personnel among different groups. Generally, resource allocation occurs when the reso... Read More »

What Is a Typical ESOP Allocation?

Typical Employee Stock Ownership Plan (ESOP) allocation limits range anywhere from 8 to 10 percent of your pay, unless you are retired. In that case the allocation is usually around 4 percent.Refer... Read More »

Income tax allocation procedures are justified by what concept?

What does allocation size mean when you are formatting your hard drive?

When formatting the hard drive, the user typically has an option to set the allocation size. This is the smallest size a unit on the hard drive can use when storing a file to the hard drive.Referen... Read More »