Answer:
a) $28 Million
b) -$24 Million
Explanation:
The first part of the question is to determine the pension liability tht should be reported in the balance sheet
To do this, we use the following formula
Projected Benefit Obligation - The Plan Assets
= $65 million - $37 Million = $28 Million
Part B) This part says to dettermine the amount JDS would report if the planned asset increase to $89 million
The formula Projected Benefit Obligation - The Plan Assets still should be used but there is a difference as follows
$65 million - $89 Million = -$24 Million
In a business world, segregation of duties is important to have a sound internal control. The employee handing cash/check collection is prohibited from updating its customer's subsidiary ledger and recording of transactions in the books. This will eliminate fraud and misappropriation of funds.
The choices were; a. informal, b. chronological, c. serialized, d.conversational, e. solicited.
The answer is, e. solicited.
A solicited letter is written by the job hunter to the employer. It indicates the kind of working position the job hunter is applying for and also how she/he had learned there is a job opening in that position.
The employer gets a specific idea on the job hunter's intention and also learn that the ads or announcement reached them.
Answer:
She was involved in objectionable self-dealing.
Explanation:
Wendy was the president of a business, which made the product she started to make individually at her home, after learning it from the business.
That clearly reflects that the business might have provided the knowledge to Wendy, but using that knowledge in benefit of the self and not of the company, is a unethical act on the part of the individual.
Here Wendy the president of company, rather than promoting the products of the company promoted the products she manufactured individually at her home. This clearly proves that she is self oriented in a negative manner which is a loss for the company.
Her acts are objectionable.
