A group of 6 to 12 volunteer employees who meet regularly to discuss and solve problems affecting the quality of their work refers to a quality circle.

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


True

Business

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The Carrasco Company has provided you the following information pertaining to its defined benefit pension plan that was adopted on January 1, 2018:The service cost was $750,000 during 2018 and $1,125,000 during 2019.  The contribution to the pension plan was $600,000 on December  31, 2018 and $1,200,000 on December 31, 2019.  The actuarially determined discount rate and the expected return on plan assets are both 10%.  The actual return on plan assets was 10.5%.  Retirement benefits pertaining to years of service prior to 2018 were not granted to the employees.  What is the pension expense for the year ended December 31, 2019?

A. $1,137,000 B. $1,200,000 C. $1,065,000 D. $1,140,000

Business

Using the classification system of John French and Bertram Raven, which of the following people is most likely to have very high legitimate power?

a. an executive at a powerful company b. an extremely knowledgeable and experienced volunteer carpenter c. a low-level HR person who oversees assigning bonuses d. a popular high school senior who is good at sports

Business

Ursula works within a large corporation. Her job is to take ideas and turn them into profitable products for the business. Ursula is a(n)

A. social entrepreneur. B. reluctant entrepreneur. C. corporate refugee. D. intrapreneur.

Business

Productivity improvement, process reengineering, and performance measurement are seen as important tools in designing ________.

A) Democracy B) Management systems C) Constitution D) Goals

Business