Which of the following is/are not true concerning pension plans?
a. The plan administrator serves in a fiduciary capacity for the benefit of employees.
b. The employer cannot access assets in the pension plan except under specific conditions that vary, as a matter of pension law, by jurisdiction.
c. The employer does not consolidate the assets and liabilities of the pension plan with its own assets and liabilities.
d. The total amount of cash that the employer contributes to the pension plan over time is never the total amount of pension expense that the employer must recognize in measuring net income.
e. none of the above
D
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An advantage in brand or company reputation helps to support price and margins, even in business-to-business markets
Indicate whether the statement is true or false
To remove hidden content before sharing a Microsoft Word 2010 file:
a. Click the File tab and select Info. b. Click the Review tab and select Document Inspector. c. Click the File tab and select Inspect. d. Click the Review tab and select Prepare for Sharing.
Which sentence is expressed correctly?
A) The word tweep, which is defined as "a person who uses the Twitter online message service to send and receive tweets," was recently added to the "Merriam-Webster Dictionary." B) The word "tweep," which is defined as "a person who uses the Twitter online message service to send and receive tweets," was recently added to the "Merriam-Webster Dictionary." C) The word tweep, which is defined as "a person who uses the Twitter online message service to send and receive tweets," was recently added to the Merriam-Webster Dictionary.
McBride Industries completed the following transactions during 2016
Oct. 1 Made sales of $10,000. McBride estimates that warranty expense is 5% of sales. (Record only the warranty expense.) Oct. 24 Paid $250 to satisfy warranty claims. Dec. 31 Estimated vacation benefits expense to be $2,350. Dec. 31 McBride expected to pay its employees a 4% bonus on net income after deducting the bonus. Net income for the year is $25,000. Journalize the transactions (explanations are not required). Round to the nearest dollar. What will be an ideal response