Answer the following statements true (T) or false (F)
Benefits in a defined benefit plan may be paid either as a single lump sum amount at retirement or as a life annuity.
ANSWER: T
You might also like to view...
Which of the following would not be found on an Income Statement of a service organization?
A) selling expenses B) gross margin C) operating income D) all of these can be found on the Income Statement of a service organization.
Which one of the following is a false statement about the mixed standard scales appraisal technique?
A. It can be tailored to specific positions. B. It uses four qualitative values. C The technique uses as many as 25-30 performance standards. D The technique is quite easy to use.
Use the information in Table 13.11. Which of the following statements about this scenario is incorrect?
A) A dummy warehouse is required to complete the analysis. B) It costs $2 per gallon to ship from Wholesaler 3 to Distribution Center D. C) It costs $2 per gallon to ship one gallon from Wholesaler 2 to Distribution Center C. D) It costs $2 per gallon to ship 20,000 gallons from Wholesaler 1 to Distribution Center D.
Tender is an unconditional offer to perform
Indicate whether the statement is true or false