Which of the following statements about trust fund plans is (are) true? I. The trustee typically purchases annuities for retiring employees. II. The trustee guarantees the adequacy of the fund to pay the promised benefits
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: D
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The report on internal control required by the Sarbanes-Oxley Act of 2002 may be prepared by either management or the company's auditors
a. True b. False Indicate whether the statement is true or false
Which of the following would be the first form filed with the SEC describing a major change in corporate governance?
a. 8-K b. 8-Q c. 10-K d. 10-Q
The liability concept that can result in one party having to pay for more than its proportionate share of damages is called:
a. proportionate liability. b. compensatory liability. c. joint and several liability. d. punitive liability.
After the 2011 tsunami hit the coast of Japan, Tokyo Electric Power informed its employees as to the dangers and consequences of working on the nuclear power reactors and gave them the option to voluntarily agree to work on the reactors. By allowing employees to voluntarily agree to work on the reactors and not forcing them to do the work, the organization was ensuring the employees’ ___________.
A. right to life and safety B. right of free consent C. right to privacy D. right of free speech E. right to due process