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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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Liula [17]

The correct option is your enjoyment of the bagel

The student center on campus has burritos, bagels, or burgers for lunch, and they all cost the same. You decide to have a burger today, but if they were out of burgers, you would have bought a bagel. Your opportunity cost is your enjoyment of the bagel.

4 0
3 years ago
For federal tax purposes, which of the following is true regarding lump-sum life insurance benefits?
Lorico [155]

Based on the information given, it should be noted that all proceeds are income tax free in the year that they're received.

<h3>What is tax?</h3>

A tax simply means a compulsory levy that's paid by the people or companies to the government. It's important to achieve economic development.

For federal tax purposes regarding lump-sum life insurance benefits, it should be noted that all proceeds are income tax free in the year that they're received.

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7 0
3 years ago
When economists say that money serves as a store of value, they mean that it is :_______
timofeeve [1]

Answer:

a) a monetary unit for measuring and comparing the relative values of goods.

Explanation:

In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards

Also it is a monetary unit that could be used for measuring and also compared the goods value

Therefore the option a is correct

6 0
3 years ago
I am new to this, could anyone help me, I am from Peru and I do not endorse anything they tell me, someone could explain to me h
LenKa [72]

Answer:

okay

Explanation:

okay....no problem.

6 0
3 years ago
Read 2 more answers
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ElenaW [278]
The federal home loan bank act program helped <span>people refinance their mortgages at lower interest rates so as to avoid bankruptcy.

When you refinance your home, you are able to stretchy out the payments for more years again which allows for easier payments to be made. Most who struggle, can't afford the dollar amount they are supposed to be paying and now can afford it much easier. </span>
7 0
3 years ago
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