The present value of the expected pension benefits that will ultimately be paid is the:

A. minimum balance sheet liability.
B. accrued pension liability.
C. accumulated benefit obligation.
D. projected benefit obligation.


Answer: D

Business

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Fill in the blank(s) with the appropriate word(s).

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Common cause variations are ______.

A. the consequence of government regulations B. the consequence of ISO requirements C. the result of poor raw materials D. not avoidable

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Which of the following is a correct statement relating to the concept of mutual agency and the corporate form of business?

A) There is no mutual agency with the corporate form of business. B) Mutual agency may or may not exist in a corporation, depending on the individual state law. C) Mutual agency always exists in the corporate form of business. D) Mutual agency may or may not exist in a corporation, depending on a vote by the shareholders.

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Which U.S. Census publication gives statistics such as industry outputs, inputs, and operating data on manufacturing activity, by industry groups? 

A. Current Industrial Report B. Annual Survey of Manufacturers C. County Business Patterns D. Service Annual Survey

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