It is True, In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit.
Who bears the chance in defined benefits plan?
defined benefits plan also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly gain at retirement. The employer bears the funding dangers.
What's a defined benefits plan?
An organization-subsidized retirement plan wherein employee benefits are taken care of out based on a system the use of factors which includes income history and length of employment.
What's the risk of defined benefits plan?
Word that pension danger arises handiest with defined benefits plan. A defined-advantage 401-k plan promises to pay a particular (defined) gain to retired employees. to fulfill this obligation, the organization ought to invest wisely so that it has the finances to pay the promised advantages.
Who benefits most from a defined benefits plan?
More youthful personnel have longer for the cash to grow. contributions may be deductible depending on income limits. Contributions aren't deductible, they may be made with after tax dollars and can keep past seventy two if nonetheless running.
Learn more about defined benefits plan here:- brainly.com/question/12143528
#SPJ4
Answer:
e. It effectively separates the back office and the front office so each can focus on their own tasks in order to optimize their departmental performance.
Explanation:
- A service system is one that is focused on the growth of technology and information system. It's designed to give services that meet the expectations, needs, and wants of clients.
- It is apart of service management, sued in service operations, and found in service marketing. It's designed for client contact, capital flows, and the level of customer involvement.
Answer: implicit liabilities will increase.
Explanation:
Implicit liabilities are incurred by government as a result of them having to take care of their citizens. Medicaid is one such liability.
If the government were to expand the percentage of people in the country that are to be covered by medical aid, this would mean that more Medicaid will be paid by the government which means that the implicit liabilities will increase.
Answer: $53,600
Explanation:
Credit sales increase the balance on Accounts Receivables because they represent that people owe the business.
It is therefore included in the formula for calculating the ending balance of Accounts Receivables:
Ending accounts receivables = Beginning accounts receivable + Credit sales in May - Customer payments during May
19,000 = 24,600 + Credit Sales in May - 59,200
Credit Sales in May = 19,000 + 59,200 - 24,600
= $53,600
