Question options:
a. Cooperative phalanxes
b. Collaborative groups
c. Cooperative posses
d. Collaborative teams
Answer:
d. Collaborative teams
Explanation:
The above is examplary of Collaborative teams. Collaborative teams are groups of individuals in the workplace that share a common goal and then work together and share ideas, knowledge and skills to accomplish these goals. Companies are increasingly encouraging collaborative teams by creating an atmosphere whereby their employees are able to communicate easily to share ideas and work fast and spontaneously towards working out solutions. Apart from physical barriers that might inhibit smooth communication for collaborative teams in the office, companies have also started increasingly investing into virtual teams whereby an employee is able to communicate, share ideas and work together in a collaborative fashion with a colleague in another location.
1 Mike Wheeler
2 Jane Hopper
3 Nancy Wheeler
4 Jonathan Byers
5 Will Byers
(ps these are not answers but Stranger Things characrers)
A contract that gives the buyer title to goods and the opportunity to return them to the seller at a later time is a<span> contract for sale with the right of return.</span>
Answer:
(1) $322
Explanation:
(1) Pension Expense:
= Service Cost + Interest Cost - Expected rate of return + Amortization of prior service cost - Amortization of prior net gain
= $410 + (2800 × 7%) - (290 actual + 29 loss) + $45 - $10
= $410 + $196 - $319 + $45 - $10
= $322
(2) The journal entries are as follows:
(i) Pension expense A/c Dr. $322
Plan assets A/c Dr. $319
Amortization of net gain – OCI A/c Dr. $10
To Amortization of prior service-cost – OCI $45
To PBO $606
(To record pension expense)
(ii) Loss – OCI A/c Dr. $29
To plan assets $29
(To record loss on assets)
Working:
Loss on assets = {2900(11%-10%)}
= 2900 × 1%
= $29
(iii) Plan assets A/c Dr. $345
To cash $345
(To record funding)
(iv) PBO A/c Dr. $370
To plan assets $370
(To record Retiree benefits)
