Information granularity refers to the extent of detail within the information (fine and detailed or coarse and abstract).
Answer the following statement true (T) or false (F)
True
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Which of the following is not true regarding the accounting for defined contribution plans?
a. When pension assets equal pension liabilities and the expected rate of return on pension investments equals the discount rate used to compute the projected benefit obligation, the amounts offset each other. b. When the interest cost exceeds the expected return on pension investments, either employer contributions or future earnings on pension plan investments must make up the difference. c. Computing pension expense (or credit) using the expected return (not the actual return) rests on the view that pension plans should take a long-term perspective and generate earnings from investments based on a long-term expected rate of return. d. Annual deviations from the long-term expected rate of return should flow through to net income as they occur. e. Recognizing service cost as an increase in the pension expense parallels inclusion of wage and salary costs as an expense.
What does the Uniform Transfers to Minors Act establish?
A) rights for what a minor is allowed in case of inheritances without involving custodians B) rights for what a minor can accept from an adult C) procedures for adults to make irrevocable gifts of money and securities to minors D) procedures for minors making gifts of money and securities to minors
The ______ model of decision-making suggests that decision-makers use one of four decision styles to cope with the psychological stress of making a decision: vigilance, complacency, defensive avoidance, and hypervigilance
A. doing B. satisficing C. normative D. conflict
Discuss the pros and cons of gambling and whether there might be any reason for a court or legislature to treat gambling on credit any differently from gambling itself