Which type of retiree benefits plan is excluded from the Financial Accounting Statement 106 rule that states benefits should not be provided on a pay-as-you-go basis?
A. Health care
B. Life insurance
C. Pension
D. Stock ownership
E. Disability insurance
Answer: C
You might also like to view...
Jonas is a successful investment banker who earns $400,000 per year. He marries Penny, a nurse at a county hospital. At the time of their marriage, Jonas owns real estate worth $1 million and securities worth $1.5 million, while Penny has no savings or property. After four years, Jonas and Penny opt for a divorce. Over the four years of their marriage, Jonas earns $400,000 in the first two years and $500,000 in the remaining two. Penny earns $25,000 in the first three years and $150,000 in the final year of their marriage. Their living expenses were $130,000 per year, and they have $1,450,000 of their earnings saved in a bank account. During the marriage, Jonas's real estate increases in value to $1.5 million, and his securities increase in value to $3 million. If they file for divorce in
a state that recognizes community property, what amount would each receive from community property? A. $1,300,000 B. $2,297,500 C. $725,000 D. $1,050,000
The term ‘HRD’ emerged in the ______ in the context of what is known as ______.
The missing words are: a. 1950s and development studies b. 1960s and development studies c. 1950s and training studies d. 1960s and training studies
Thomas borrowed $100,000 from First Bank, which asked that he both put up collateral and provide a surety. Consequently, Thomas provided the bank with a security interest in his antique car collection and asked Victor to act as a surety. Victor agreed
to do so and signed a surety agreement with the bank. Thomas made several payments on the loan and then asked First Bank for permission to sell three of his cars. First Bank agreed, but it never notified Victor of the sale of the collateral. Thomas then defaults on the loan. First Bank now wants Victor to pay the remainder of the loan. Must Victor pay? Explain.
In the U.S., an employer may engage in employee discrimination if it is "reasonably necessary to the normal operation of the particular business or enterprise," a defense known as the: A) bona fide occupational qualification defense
B) occupational qualification defense. C) occupational exception defense. D) bona fide exception defense.