Under a defined benefit pension plan,
a. actuarial computations are unnecessary.
b. accounting for annual pension expense is simple.
c. retirement payments are based on the amount accumulated in the pension fund.
d. the employer guarantees the employees certain benefits upon retirement.
D
You might also like to view...
Products that can be traded in large volumes such as wheat, corn, and cattle are ____________________.
Fill in the blank(s) with the appropriate word(s).
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.
Calculating the modified internal rate of return on an Excel spreadsheet involves the use of the IRR
function multiple times, once using the financing rate, and once using the reinvestment rate. Indicate whether the statement is true or false
All of the following are advantages of using a concentrated targeting strategy EXCEPT:
A. concentration of resources B. can better meet the needs of a narrowly defined segment C. allows some small firms to better compete with larger firms D. strong positioning E. high cannibalization