Answer:
the guarantee that employees in a pension plan will receive a pension at retirement age, regardless of whether they stay with the employer.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Thus, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
Vested rights can be defined as an unconditional right belonging to an individual as a property interest and as such cannot be denied, impaired or taken away from him or her. Thus, these rights are generally enforceable claims under the law.
Hence, vesting rights is the guarantee that employees in a pension plan will receive a pension at retirement age, regardless of whether they stay with the employer.
Answer:
(D) Earnings numbers are accurate
Explanation:
Under the Sarbanes–Oxley Act of 2002, the SEC requires CFOs to certify that the firm’s financial statements should represent true and accurate amounts. It does contain any false commitment which affects the overall shareholder decisions.
Moreover, the top manager of the company checks the accuracy of the financial reports which contains important and valuable information about the company.
So, all options are incorrect except D.
Answer:
The GDP for year 1, year 2, and year 3 is $12, $20 and, $30 respectively.
Explanation:
The nominal GDP is the value of goods and services produced in an economy in a year.
Here, the economy produces only chocolate bars. So we can find nominal GDP by calculating the value of chocolate bars produced in each year.
Nominal GDP for year 1
= 
= 
=$12
Nominal GDP for year 2
=
= 
=$20
Nominal GDP for year 3
=
= 
=$30
One of the most important lessons that the Starbuck's leadership lab provides to its store managers is developing the a sense of corporate pride and responsibility, along with the element of understanding the importance of a positive customer interface and assisting the manager's in developing that positive atmosphere in the context of their stores.
Answer:
When telling a friend about your new job, how would you describe this company’s operations?
Neither effective nor efficient
Explanation:
The company's operations will be considered effective if they achieve objectives. But they do not produce the desired results because drivers often get the wrong addresses, making freights not to arrive at their destinations. Similarly, the company's operations cannot be described as efficient because trucks go out half full with wrong addresses. This is a waste of time, money, and efforts, and the performance competence of the company is questionable. Efficient operations accomplish results with the least amount of resources. Effective operations achieve desired results successfully.
