A company contributes to its defined contribution plan. Which one of the following journal entries properly records this transaction?
A.
| DR | Pension asset |
B.
| DR | Projected minimum liability |
C.
| DR | Minimum pension liability |
D.
| DR | Pension expense |
Answer: D
You might also like to view...
What are the subsystems of the revenue cycle?
Which of the following is a cost-based approach to pricing?
A) value-based pricing B) high-low pricing C) target return pricing D) good value pricing E) EDLP
Which of the following is/are correct?
a. Discontinued operations are shown as the last category after income from continuing operations. b. The discontinued operations section of the income statement consists only of the gain or loss on disposal of the discontinued component net of the tax effect. c. The discontinued operations section of the income statement consists only of the income or loss from operating the discontinued component net of the tax effect. d. The discontinued operations section of the income statement consists of the income or loss from operating the discontinued component net of the tax effect as well as the gain or loss on disposal of the discontinued component net of the tax effect. e. None of these answer choices is correct.
Answer the following statement(s) true (T) or false (F)
1. One must look within and between countries to examine future trends in the HR fields. 2. Environmental scanning is considered a decision-making tool. 3. The virtual workspace can be defined as a device that allows employees to work away from company premises and communicate with their respective workplaces via telephone or computer devices. 4. Open-source software costs more than traditional software. 5. The book states that more organizations will spend more time and effort assessing the most effective portfolio of HR technology and will likely consider moving to some type of consolidated technology platform.