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The ERISA act address "retirement and healthcare benefits for employees".
<u>Answer:</u> Option B
<u>Explanation:</u>
The 1974 Employee Retirement Income Security Act (ERISA) is a federal legislation that lifts basic standards for most voluntarily developed private-sector healthcare and retirement plans to supply security for people in those plans. ERISA involves:
- proposals to have plan documentation to members including valuable information on plan characteristics and financing;
- offers legal duties to those managing and controlling plan liabilities;
- involves grievance plans and appeals for individuals to benefit from their plans; and
- grants participants the right to sue for advantages and infringements of fiduciary duties.
Explanation:
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Answer:
A job description
Explanation:
A job description -
It refers to the piece of information where all the work related to a particular job is mentioned , is referred to as a job description .
Things like the duties , skills , qualifications , responsibilities are mentioned in a job description .
The responsibility is handled by the Human resources department of the company .
Hence , from the given scenario of the question ,
The correct answer is a job description .
Answer:
Cost of goods sold.
Explanation:
Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.
The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.
To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.