A pension plan:
A. Can be underfunded if the plan assets are more than the accumulated benefit obligation.
B. Is always funded fully by employers.
C. Can be a defined benefit plan or an undefined benefit plan.
D. Is a contract between the company and the government.
E. Is a contractual agreement between an employer and its employees in which the employer provides benefits to employees after they retire.
Answer: E
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Tasks of the ______________________________ phase are to conduct post-implementation review and to perform systems maintenance
Fill in the blank(s) with correct word
The link between individual employee actions and the incentives paid to them is most difficult to establish in which type of incentive plan?
A. Bonus B. Commission C. Merit pay D. Piece-rate E. Profit sharing
Which of the following is a disadvantage of self-appraisal in the performance-appraisal process?
A. It tends to be less lenient, more variable, and less biased than other performance rating methods. B. It requires employers to accept the employee's rating without change. C. It tends to show less agreement with the judgments of other performance rating methods. D. It lowers a ratee's motivation and increases her or his defensiveness during the appraisal interview.
What is the value of the project if the true probabilities are used and the appropriate one period risk adjusted discount rate is used (assume the $80 annual cost does not exist)?
A) $169.65 B) $201.42 C) $233.73 D) $288.64