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2 years ago

In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit. true false

1 answer:

7 0

It is True, In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit.

Who bears the chance in defined benefits plan?

defined benefits plan also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly gain at retirement. The employer bears the funding dangers.

What's a defined benefits plan?

An organization-subsidized retirement plan wherein employee benefits are taken care of out based on a system the use of factors which includes income history and length of employment.

What's the risk of defined benefits plan?

Word that pension danger arises handiest with defined benefits plan. A defined-advantage 401-k plan promises to pay a particular (defined) gain to retired employees. to fulfill this obligation, the organization ought to invest wisely so that it has the finances to pay the promised advantages.

Who benefits most from a defined benefits plan?

More youthful personnel have longer for the cash to grow. contributions may be deductible depending on income limits. Contributions aren't deductible, they may be made with after tax dollars and can keep past seventy two if nonetheless running.

Learn more about defined benefits plan here:- brainly.com/question/12143528

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Presented below is information related to Dino Radja Company.

Alja [10]

Answer:

Dino Radja Company

The ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method:

Date Ending Inventory Price Dollar Value

(End-of-Year Prices) Index LIFO

December 31, 2017 $ 80,000 100 $80,000 ($80,000*1.00)

December 31, 2018 115,500 105 110,000 ($115,500/1.05)

December 31, 2019 108,000 120 90,000 ($108,000/1.20)

December 31, 2020 122,200 130 94,000 ($122,200/1.30)

December 31, 2021 154,000 140 110,000 ($154,000/1.40)

December 31, 2022 176,900 145 122,000 ($176,900/1.45)

Explanation:

a) Data and Calculations:

Date Ending Inventory Price Index

(End-of-Year Prices)

December 31, 2017 $ 80,000 100

December 31, 2018 115,500 105

December 31, 2019 108,000 120

December 31, 2020 122,200 130

December 31, 2021 154,000 140

December 31, 2022 176,900 145

5 0

3 years ago

If management identifies even one material weakness in internal control, then management will conclude that the organization’s i

solong [7]

Answer:

Statement is true

Explanation:

Internal control over financial reporting was designed to give assurance related to financial statements preparation and authenticity of financial reporting.

Material weakness refers to inefficiency in internal control which could lead to misstatement in financial statement thereby making financial reporting unreliable. As such, even one material weakness would prove ineffective internal control over financial reporting.

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4 years ago

1. How to interview for success 2. Understanding the interview proccess

Bess [88]

1. how to interview for success.

a. Dress to gain trust and command respect.
b.Show up in the office five minutes before your appointment time.
c.Arrive prepared.
d.Select real-life examples that display key hiring traits.
e.Have a conversation.

2. Understanding the interview process

Go to https://www.sixsigmaonline.org

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3 years ago

Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? W

damaskus [11]

Answer:

I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear

Explanation:

I took the test

Brainiest???

7 0

3 years ago

Read 2 more answers

Your store has average sales of $1,680 per day. Its shrinkage rate is 3%. What will its losses be for an entire year?

Lerok [7]

Answer:

$18,396

Explanation:

Average sales of the store per day = $1,680

Number of days in a year = 365

Total sales in a year = $1,680 x 365 = $6132,200

Shrinkage rate = 3%

Losses for an entire year = 0.03 x $6132,200 = $18,396

6 0

3 years ago