Answer:
1. Service cost
Interest cost
2. Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
Explanation:
1. The components of pension expenses that tend to affects the net pension liability are:
SERVICE COST and INTEREST COST reason will be that both SERVICE COST and INTEREST COST help to increase net pension liability while
Amortization of prior service cost on the other hand does not affect PBO or plan assets which simply means that it does not in any way change the net pension liability.
2. Preparation of the journal entry to record the pension expense.
Based on the information given the journal entry to record the pension expense will be :
Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
($70+$50=120)
Answer:
Information arbitrage efficiency. ...
Fundamental valuation efficiency. ...
Full insurance efficiency. ...
Functional/Operational efficiency. ...
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Answer:
The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.
Explanation:
The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.
Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.
Answer:
C) quantity supplied of those machines will go up.
Explanation:
the options are missing:
A
) quantity demanded for those machines will increase.
B) demand for those machines will shift right.
C) quantity supplied of those machines will go up.
D) quantity supplied of those machines will decrease.
If production costs decrease, the supply curve will shift to the right, increasing the total quantity supplied while decreasing the sales price. Advances in technology increase productivity, which allows companies to supply a higher amount of goods at lower prices, which in turn increases the total quantity demanded for these goods.