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hichkok12 [17]
3 years ago
13

Batch Co. employs knowledge workers and is finding that its employees are retiring closer to age 75 than to age 65. As a result,

they recently amended their defined benefit pension plan such that benefits will begin at age 72, with certain exceptions for those employees demonstrating an earlier need, instead of at age 60. Batch Co. has been able to measure the actuarial present value of this amendment, which is the change in the projected benefit obligation (PBO) that results from the change. How will this affect pension expense in current and future periods?
Business
1 answer:
alekssr [168]3 years ago
6 0

Answer:

It will decrease prior service cost and, as prior service cost is amortized, will decrease pension expense.

Explanation:

In the given if there is any change in the projected benefit obligation so the pension expense would impact in the present and future period by reducing the service cost that incurred before also the service cost that incurred before would be amortized that ultimately reduce the pension expense

Therefore the first option is correct

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15. The normal balance side of any expense account is (A) the debit side. (B) the credit side. (C) the right side. (D) either th
USPshnik [31]

Answer:

The answer is a the debit side

7 0
3 years ago
The level of analysis to use when identifying user goals is the _______.​ a. ​ elementary activity level b. ​ temporal event lev
Aliun [14]

Answer:

elementary business process level

Explanation:

Elementary Business Processes can be defined as a task carried out by one person, one place at a time, which is done in reaction to a business event, that could be of quantifiable business value with data being left in a steady state

It represents the smallest level of process decomposition from a business viewpoint. It could be manual, automated, or both. Like I explained earlier, it is Carried out by one person or process, at one location and one time.

3 0
3 years ago
Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 uni
kykrilka [37]

Answer:

a. $283,140

Explanation:

equivalent units: complete untis + percentage of completion ending units

(notice there is no beginning inventory)

18,000 complete + 2,000 x 100% = 20,000 materials

18,000 complete + 2,000 x 30% = 18,600 conversion cost

equivalent cost: 100,000 / 20,000 = 5

conversion cost: (142,300 + 57,200) / 18,600 = 10,72580 = 10.73

total unit cost: 15.73

transferred-out units: 18,000 x 15.73 = 283.140‬

3 0
3 years ago
A student believes that less than 50% of students at his college receive financial aid. A random sample of 120 students was take
den301095 [7]

Answer:

P-value is greater than the significance level, we fail to reject null hypothesis.

Explanation:

Here,  

Sample size = n = 120

Sample proportion = p = 0.6500

Population Proportion = P_{0} = 0.5

Level of significance = α = 0.02

<u />

<u>Step 1: </u>

H_{0}: p = 0.5

H_{1}: p < 0.5 (Left tailed test)

<u></u>

<u>Step 2: </u>

The critical vale is = 2.0537

<u></u>

<u>Step 3:  </u>

The test statistic is,

z =  \frac{p - p_{0} }{\sqrt{\frac{p_{0} (1-p_{0}) }{n} } }

<u>Step 5: </u>

Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.

<u>Step 6:  </u>

Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.    

3 0
3 years ago
Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)
sergey [27]
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
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