The ________ guarantees payment to employees of a basic retirement benefit in the event that financial difficulties force a company to terminate or reduce employee pension benefits.
A. Employee Benefits Security Administration
B. Equal Employment Opportunity Commission
C. Bureau of Labor Statistics
D. Employees' Compensation Appeals Board
E. Pension Benefit Guaranty Corporation
Answer: E
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The balance in Premium on Bonds Payable
A) should be reported on the balance sheet as a deduction from the related bonds payable B) should be allocated to the remaining periods for the life of the bonds by the straight-line method, if the results obtained by that method materially differ from the results that would be obtained by the interest method C) would be added to the related bonds payable on the balance sheet D) should be reported in the paid-in capital section of the balance sheet
Warranties are the buyer's or lessee's assurance that the goods meet certain standards
Indicate whether the statement is true or false
One of the benefits of EDI is that it can reduce lead time, which is
A. the time between when finished goods leave the manufacturer until the time they arrive, floor-ready, at the retailer. B. the time from when an RFP is announced to the time a consumer purchases the finished product. C. the time from when funds are committed for purchase of raw materials to the time when the payment for the finished goods is actually received. D. the time between the decision to place an order and the receipt of the merchandise. E. the time between when an item is sold to a customer and when a replacement is made available for purchase by another customer.
Most firms do a satisfactory job overseeing the deployment of custom programs used to supplement packaged software
Indicate whether the statement is true or false.