Answer:
$125,590
Explanation:
Calculation for the pension expense for the year
Service cost$94,000
Add Interest cost (810,000 × 10%) $81,000
Less Expected return on plan assets ($49,410)
(549,000 × 9%)
Pension expense $125,590
Therefore the pension expense for the year is $125,590
Answer:
The main difference between arbitration and mediation is that in arbitration the arbitrator hears evidence and makes a decision. In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.
Explanation:
A standard business plan will not include an employee summary.
All of the other options are always included in a business plan to assess the feasibility of the venture.
Answer:
D. Recommendation to buy life insurance does not make the investment advice any less objective.
Explanation:
investment adviser representative are also regarded as financial planner are advisers that gives advice in term of financial service to firms or individual or his/ her customer
In the situation described in the question whereby, the agent recommends that a customer sell a mutual fund holding and use the proceeds to buy life insurance, then these information are needed to be disclosed to the customer
✓. Sale of the mutual fund mayor is alt in a taxable event to the customer
✓Recommendation to purchase life insurance is in no way connected to the services offered by the advisory firm
✓Agent will earn a commission on the life insurance purchased by the customer