Which of the following is not a characteristic of a defined contribution plan?
a. The exact value is unknown prior to retirement.
b. Mandatory contributions must be made to a pension fund.
c. Contribution rates are normally stated as a percentage of wages or salaries.
d. Actuaries are consulted to determine annual contribution levels.
ANSWER: D
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Which of the following statements about fraud detection is accurate?
a. Customers and clients are by far the most common source of voluntary fraud detection. b. The average fraud lasts about six months before being detected. c. Tips are the most common form of fraud detection. d. Internal audits are a particularly inefficient means of detecting fraud and are responsible for as little as five percent of detections.
Hofstede (1980) found that national culture as measured along these four cultural dimension axes explained more of the differences in work-related values and attitudes then did ______.
a. ethnicity *b. gender c. sex d. color
A firm looking to describe the current state of the market is most likely developing a ________ ________.
Fill in the blank(s) with the appropriate word(s).
A contract involving the sale of goods from a Texas seller to a French wholesaler must always use the United Nations Convention on Contracts for the International Sale of Goods (CISG)
a. True b. False Indicate whether the statement is true or false