Which one of the following is not true of the Employee Retirement Income Security Act (ERISA)??
A) ?It sets the minimum standards and requirements that the pension plan must meet
B) ?It seeks to ensure that all employees covered by pension plans receive the benefits due them under the plans.
C) ?It does not apply to employee benefit plans that are established by federal, state, or local government employers.
D) ?It requires an employer to provide a pension plan for its employees.
D
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To find out the breakeven point in dollars, we divide fixed costs by gross margin ratio
Indicate whether the statement is true or false
Discuss the regulation question in terms of determining and meeting the demand for accounting information. Who pays for and who benefits from accounting information?
What will be an ideal response?
The Incoterm for the situation where the product is delivered at a specified terminal, the seller pays for transport and insurance to that terminal and retains the risk until the goods are loaded at that terminal, is
A. DAT. B. CPT. C. FAS. D. CIP. E. CIF.
An entity that buys goods and sells them to customers at a markup is a ________
A) merchandiser B) service provider C) manufacturer D) producer