Which of the following statements regarding minimum vesting standards for qualified defined benefit plans is (are) true?

I. The vesting standards apply to both employer and employee retirement contributions.
II. Employers may vest benefits more quickly than the minimum standards .
A) I only
B) II only
C) both I and II
D) neither I nor II


Answer: B

Business

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Items that should be considered in developing a revenue budget for a professional firm include all of the following except:

a. Expected new business. b. Expected mix of professional labor hours. c. Expected mix of work. d. All of these should be considered in preparing a revenue budget for a professional firm.

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Answer the following statement(s) true (T) or false (F)

1. According to the “Social Process of Leadership Identity Construction in Organizations”, people are often accorded leadership status based on their performance regardless of whether they “claim” the leadership role or not. 2. According to the feature, Personal Reflections: My Family, Friends, Coworkers, and Students, although people may care a great deal about their family, friends, and coworkers, our identities do not include or incorporate our relationships with others. 3. The Anglo cultures had the highest scores on charismatic leadership. 4. Southern Asia and the Middle East had the lowest scores on self-protective behaviors.

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What kind of solicitation is the most restricted? What kind of solicitation is least restricted?

What will be an ideal response?

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Selling the same goods to different targeted groups at different prices is called

A) cost customization. B) cost optimization. C) price gouging. D) cost personalization. E) price discrimination.

Business