Frank is considering a new job. However he is concerned about his pension fund
He knows that ________ which is the requirement that he must work for his firm for a specified period of time prior to gaining ownership of the retirement contributions made by his employer has to be met first.
A) tenuring
B) certifying
C) vesting
D) validating
E) none of the above
Answer: C
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During what year did the IASB and FASB reaffirm their commitment to achieving convergence of accounting standards in the U.S.?
a. 2009 b. 2007 c. 2002 d. 2008
Use this information for questions that refer to the World Tennis Ball (WTB) Company case.World Tennis Ball Co. (WTB) makes tennis balls and sells them only in the United States. Raul Fernandez, the firm's marketing manager, is comparing his firm's distribution with two major competitors.1) WTB sells its products through four regional distributors, who then sell to 22 sporting goods wholesalers. The wholesalers sell to a total of 7,000 retail outlets. From its website, WTB also sells directly to any customer who will purchase a minimum quantity of 24 tennis balls. WTB cooperates with members of its channel but maintains some control through its economic power and leadership. It helps to direct the activities of the whole channel and tries to avoid or resolve channel conflicts.2)
American Tennis Ball (ATB) is a competitor that sells through two distributors-each with half the country. The distributors then sell through six sporting goods wholesalers, and they, in turn, sell to 1,000 retail outlets (split between two national sporting goods chains and two general merchandise stores). ATB and its channel make little effort to work together. However, because of a relatively low level of competition between the distributors, the wholesalers, or the retail stores, each member of the channel gives the product special attention.3) National Tennis Ball (NTB) sells its products through only three tennis specialty wholesalers that sell only to tennis clubs. NTB actually owns the wholesale firms that handle its products. NTB's balls are only available at certain tennis clubs and NTB limits coverage to only one club in a particular geographic area.Which of these companies uses a corporate channel of distribution? A. World Tennis Ball B. American Tennis Ball C. Both World Tennis Ball and National Tennis Ball use a corporate channel. D. National Tennis Ball E. There is not enough information to tell which company uses a corporate channel of distribution.
A fee simple is a property interest that gives a person the right to use property only for his own lifetime or for a time that is measured by the lifetime of somebody else.
Answer the following statement true (T) or false (F)
All of the following factors contribute significantly to the rate of change of a country's population (such as the U.S.) EXCEPT:
A. immigration (the number of people who enter a country for the purpose of permanent residence). B. life expectancy (the average number of years a population lives from birth). C. birth rate (the number of births during a specified time period). D. death rate (the number of deaths during a specified time period). E. population density (defined as the total number of people per square mile/kilometer).