Under which category of plans might retirement benefits vary according to the performance of an underlying financial investment?
A)
Defined benefit plans
B)
Defined contribution plans
C)
Both defined benefit and defined contribution plans
D)
Neither defined benefit nor defined contribution plans
B
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The common phrase “judging a book by its cover” is an example of which perceptual distortion?
A. recency effect B. impression management C. self-fulfilling prophecy D. primacy effect
The current ratio shows how easily a company can pay its current obligations.
Answer the following statement true (T) or false (F)
________ is an investing cash flow and ________ is a financing cash flow, as reported in the Statement of Cash Flows.
A. Purchasing land; repaying a bank loan B. Purchasing treasury stock; lending cash to an employee C. Issuing bonds; selling investments D. Receiving cash from the sale of inventory; paying cash dividends
Outsourcing non-competitive functions can free the entrepreneur to focus on his/her greatest strengths.
Answer the following statement true (T) or false (F)