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tigry1 [53]
3 years ago
11

True or false: Many companies are discontinuing defined-benefit plans and moving toward defined-contribution plans, which shifts

more responsibility to the company for providing retirement benefits.
Business
1 answer:
julsineya [31]3 years ago
5 0

Answer:

False

Explanation:

A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis

Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount

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Misha Larkins [42]

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Explanation:

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= 3 * 1.1040808032‬

= ‭3.3122424096‬

= $3.31

7 0
3 years ago
When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You sho
Olenka [21]

Answer:

True

Explanation:

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7 0
3 years ago
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nikdorinn [45]

Answer:

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Explanation:

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= $81,020

The routine maintenance cost is not a part of the asset but an expense in p/l.

8 0
3 years ago
Amount Financed (m) = $500 Number of Payments per year (y) = 12 Number of Payments (n) = 12 APR (I) = 17% c = $
sergejj [24]
Hi there!

The answer to your problem is c = $46.04

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7 0
4 years ago
What is from utility
ella [17]

Explanation:

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3 years ago
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