The model is called SELECTIVE OPTIMIZATION WITH COMPENSATION.
Selective optimization with compensation is a method for successful aging which involves maximizing one's gains while one minimizes the impacts of losses that accompany aging.
Answer:
Correct answer is TRUE
Explanation:
Cost-based pricing is a method used to determine the selling price of the product based on the cost of production and selling expenses incurred based on the previous production or on the same industry then add the desire margin that the firm wants to attain. It is important that the firm will account properly the total cost of the product before they will add the profit element that they wished to attain.
Answer:
$360,000.
Explanation:
Given:
PBO 1/1/17 = $6,000,000
PBO 12/21/17 = $6,600,000
Discount rate = 6% = 6 / 100 = 0.06
Expected rate of return = 8% = 8 / 100 = 0.08
Interest cost component of pension expense = ?
Computation of Interest cost component of pension expense:
Interest will be payable on opening balance:
= PBO 1/1/17 x Discount rate
= $6,000,000 x 0.06
= $360,000.