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Natali5045456 [20]
4 years ago
15

Wicker Rockers, Inc. is planning to offer a defined contribution plan for its employees. The company would like to incorporate a

"cliff" vesting schedule for the employer contributions into the plan. What is the minimum vesting period the company can choose for a "cliff" vesting schedule
Business
1 answer:
Tatiana [17]4 years ago
6 0

Answer:3 years

Explanation:

Cliff vesting is when an employee of a company becomes fully vested on a specified date rather than the employee becoming partially vested in increasing amounts over extended period. Cliff Vesting is a process whereby the employees are entitled to full benefits from their firm’s pension policies and qualified retirement plans on a given date.

Upon the completion of the cliff period, employees receive full benefits. The Pension Protection Act of 2006 deduced a three-year cliff vesting schedule for the designated defined-contribution plans which includes 401Ks.

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When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.
Tamiku [17]
The form that you need to complete is called the Form W-4. This is use to compute the correct withholding tax of the employee base on written status, tax credits and allowances, other income and others. Should there be changes in any of those written above, the employee must update this form.
4 0
3 years ago
What is the most significant difference between leaders and assembly line workers in regard affecting the behavior of others?
Gala2k [10]
The most significant difference between leaders and assembly line workers is the "Power".
The formal leaders have a formal power within the framework or system of an organization where they can influence others to work in the interests of the specific organization as opposed to assembly line workers, they lack this. 
3 0
3 years ago
Microeconomics includes the study of Group of answer choices changes in the price of commercial real estate. expansions and cont
Ksivusya [100]

Answer: Microeconomics is the study of changes in price in the price of commercial real estate.

Explanation:

Microeconomics is the study of the behavior of individuals, households and firms in making decisions and the allocation of resources. Microeconomics deals with individual issues and applies to the markets of products. In microeconomics, the economy is studied at an individual level. Examples of microeconomics are demand, price level, supply and competition.

Apart from Microeconomics is the study of changes in price in the price of commercial real estate(option A), every other options deals with the economy as a whole. The other options are macroeconomic issues and not microeconomic issues.

5 0
3 years ago
According to the two-factor theory proposed by Herzberg, which of the following factors is considered a hygiene factor? promotio
givi [52]

Answer:

Quality of supervision

Explanation:

Herzberg's 2 factor theory included motivational factors and hygiene factors.

Motivational factors are those which enable an employees or a workers to contribute their best efforts with utmost efficiency.

Hygiene factors on the other hand convey to the contrary i.e such factors lead to a reduction in the productivity and efficiency of workers.

One of the hygiene factor specified by Herzberg is supervision as per which poor supervision or command leads to job dissatisfaction among workers.

An organization must eliminate hygiene factors so as the employees are motivated to work and contribute optimally towards attainment of organizational goals.

6 0
3 years ago
F brown lent us 4000 giving us the money by cheque show in journal entry​
Nastasia [14]

Answer:

see below

Explanation:

This transaction is affecting the bank's balance and F brown accounts. It is increasing the bank balance( asset account) by 4000 and increasing accounts payable/F brown ( liabilities account) by 4000.

An increase in assets is debited while an increase in liabilities is credited.

the journal entry will be

Bank A/c Dr.  4000

F brown A/c                4000

3 0
3 years ago
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