When employers amend pension plans to increase benefits to participants, which one of the following is created?
A. Prior service cost
B. Cumulative obligation gain or loss
C. Transition liability
D. Transition asset
Answer: A
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Securitization is the process by which a bank sells a loan (which it made previously) to
A. investors. B. the government. C. other banks. D. depositors.
In the late 90s, Sears spent much of its communication budget advertising the "Softer Side of Sears" campaign since it felt the customer knew very little of Sears' apparel assortments and thus there would be a substantial return from advertising apparel versus advertising the more known appliances. What principle for budget allocation was Sears potentially using?
A. Affordable method B. High-assay principle C. Rule of thumb method D. Asset principle E. Percentage of sales method
The organization originally devoted just to internal communications was the ________
A) Public Relations Society of America B) International Associations of Business Communicators C) American Marketing Association D) American Advertising Federation
The current ratio is one of the most common measures of solvency.
Answer the following statement true (T) or false (F)