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Aleonysh [2.5K]
3 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]3 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:

Effect on income=  $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

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To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

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5 0
3 years ago
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Answer:

personal selling

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3 years ago
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viva [34]

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A

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3 years ago
If you have several calls coming in at one time, you should
gregori [183]
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4 0
3 years ago
According to goal-setting theory, in order for goals to enhance motivation and performance they must be Multiple Choice recogniz
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According to goal-setting theory, in order for goals to enhance motivation and performance they must be: B. accompanied by feedback.

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