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salantis [7]
3 years ago
13

Which of the following statements regarding defined contribution plans is false? A. Employers bear investment risk relating to t

he plan.B. Employees immediately vest in their contributions to the plan.C. Employers typically match employee contributions to the plan to some extent.DAn employer's vesting schedule is used for employers' contributions in determining the amount of the . plan benefits the employee is entitled to receive on retirement.
Business
1 answer:
Vlad1618 [11]3 years ago
4 0

Answer:

The correct answer is A. Employers bear investment risk relating to the plan.

Explanation:

The first statement is false, because the main actors in that case would not be employers, but employees. The contribution plan is defined as a pension plan in which the company agrees to make monetary contributions each year for the benefit of the employee. For example, the company can contribute 1% of the salary to a pension fund every month. The employee can also contribute part of his salary to this plan.

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Tori and Scott have applied for an $8,000 installment loan to pay for a new car. They are told that the loan is approved and the
maks197457 [2]

Answer: They have already signed the contract with the first deal and now the only option to them is to take the original deal since they have already signed the contract which means they now have a legal duty to that first dealer .

Explanation:

What is legal duty?

Legal duty is a legally binding obligation on a contract to follow the law when doing something towards the other part. Since they have signed it is legally binding that they now take the original deal or the first deal.

6 0
3 years ago
A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The ann
Komok [63]

Answer: $21,880

Explanation:

First find the after tax operating income:

= (Revenues - variable costs - fixed costs - depreciation ) * ( 1 - tax rate)

= (120,000 - 72,000 - 20,000 - 10,00) * ( 1 - 34%)

= $11,880

Then add back depreciation because it is a non-cash expense:

Operating cashflow = 11,880 + 10,000

= $21,880

7 0
3 years ago
Andy is a supervisor at a web design company. andy has observed that most employees he supervises are more productive if he lets
kompoz [17]

The answer is False, whereas training focuses on specific job-related skills, development is aimed at helping managers improve more general skills such as time management, motivating employees, and solving problems. <span>Cognitive ability tests are seen as aptitude tests because they focus on the question of whether the person will be able to perform some specific task in the future.</span>

3 0
3 years ago
Higher debt utilization ratios will always increase a firm's return on equity given a positive return on assets.
Nikitich [7]

Answer:

A. True

Explanation:

The debt utilization ratios is used to determine the comprehensive picture for the long term financial health of the company or the solvency of the company.

The debt ratio is defined as the financial ratio which shows the percentage of the assets of an organization which are provided through a debt. When the ratio is higher, the risk involved with the operation of the firm is more.

Thus, for a high debt utilization ratio, it will always increase the return of the organization on the equity for a positive return on the assets of the organization.

Thus, the answer is TRUE.

6 0
3 years ago
In an attempt to increase sales, JCPenney has increased its advertising and sales promotions in its current markets, hoping to a
mylen [45]

Answer: Market penetration

Explanation:

Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.

Hence, market penetration is the growth strategy, which JC Penney is applying.

6 0
3 years ago
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