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Aleonysh [2.5K]
4 years ago
15

The _____ guarantees payment to employees of a basic retirement benefit in the event that financial difficulties force a company

to terminate or reduce employee pension benefits.
Business
1 answer:
Lady bird [3.3K]4 years ago
8 0

Pension Benefit Guaranty Corporation (PBGC).  Employee Retirement Income Security Act (ERISA).  The 1974 act that increased the fiduciary responsibilities of pension plan trustees, established vesting rights and portability provisions, and established the Pension Benefit Guaranty Corporation (PBGC). The agency that guarantees to pay employees a basic retirement benefit in the event that financial difficulties force a company to terminate or reduce employee pension benefits.

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Answer:

Be included as a component of income from continuing operations for 20X9

Explanation:

To find out the correct balance of income from continuing operations, we have to add the loss as the loss is added in the income from continuing operations.  

Moreover, in this question the golden rule of accounting applies which says:

Debit all losses and expenses and credit all income and gains which apply in the nominal account that record any type of transactions. example - sales account, purchase account, etc.

3 0
3 years ago
When economists say an activity is consistent with economic efficiency, they mean?
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D. the benefits that result from the activity exceed the costs
4 0
3 years ago
An electronic store sells 3,000 HD TV sets every quarter of the year. Each TV set costs the store $ 270.00. The carrying cost is
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Answer:

Check the explanation

Explanation:

The Economic Order Quantity (EOQ) is the amount of units that a firm or an organization is expected to include to its inventory with each order to reduce minimally the overall costs of inventory—such as order costs, holding costs, and shortage costs.

Kindly check the step by step explanation in the attached images below to get the solution to the question

7 0
3 years ago
When a monopolistically competitive firm raises its price,
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B, because monopolistic market sells homogeneous goods.When a firm raises its price,it loses all of the customers
4 0
3 years ago
Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what i
kompoz [17]

Answer:

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The rate of inflation is always factored in when calculating the expected market interest for a year.

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= 2.0 + 0.5 = 2.5%

The expected market interest rate for a one-year U.S. Treasury Security = 2.5%

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