A defined benefit plan specifies the amount or rate of contribution that the employer and employees must contribute to the members' accounts in the pension plan.

Answer the following statement true (T) or false (F)


False

Business

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The data presented below is for Falconi, Inc for 2016. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2016 395,000 Allowance for doubtful accounts—December 31, 2016 20,000 Bad debt expense for the year 17,000 What amount will Falconi show on its year-end balance sheet for the net realizable value of its accounts receivable?

a. $378,000 b. $375,000 c. $358,000 d. $ 20,000

Business

Which type of question is best for clarifying and gaining commitment on several buying conditions?

A) open B) closed C) probing D) summary-confirmation E) need-satisfaction

Business

The probability distribution for the number of goals the Lions soccer team makes per game is given below. NumberOf Goals Probability 0 0.05 1 0.15 2 0.30 3 0.25 4 0.15 ? What is the probability that in a given game the Lions do not score more than 2 goals?

A. 0.20 B. 0.50 C. 1.0 D. 0.70

Business

Corporate strategy asks, ______.

a. Which industries should we enter? b. What products should we offer? c. At what price should we sell these products? d. In which markets should we advertise?

Business