A ________ pension plan allows pension benefits for key employees, such as highly paid managers, to exceed a government-specified share of total pension benefits.
A. defined-contribution
B. deferred
C. special draw rights
D. multiemployer
E. top-heavy
Answer: E
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Why is it necessary to journalize transactions from the bank reconciliation? List two examples of items that need to be journalized.
What will be an ideal response?
Notes to the financial statements are generally not useful
Indicate whether the statement is true or false
Which of the following statements concerning differences in capital structures and financing alternatives around the world is correct?
A. In most countries, the capital gains taxes paid by investors are substantially higher than in the United States. B. In many countries, the costs to monitor companies' debt are lower than in the United States because foreign firms use substantially greater amounts of bank loans to finance assets than do U.S. companies. C. Bank loans to businesses are of little amounts in foreign countries. D. In most countries, neither the interest nor the dividends firms pay are tax deductible. E. The threat of potential bankruptcy is high in firms that are primarily financed with equity than in firms that are financed with bank loans.
The BEST time to establish reasonable controls is:
A) After a project is over. B) At the end of a project. C) At the start of a project. D) When they are first needed during the project.