In the United States, ________ is an employee benefit required by law.

A. medical insurance
B. cafeteria vouchers
C. pension plans
D. Social Security
E. hospital insurance


Answer: D

Business

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[APPENDIX] Stockton Corporation has made an accounting entry to record deferred taxes as a liability resulting from temporary differences between accounting income and taxable income. Which of the following statements is true?

a. Deferred tax will be decreased. b. Stockholders' equity will be increased. c. Stockholders' equity will be decreased. d. Assets will be decreased.

Business

To offer a trade discount, a company must print a special catalog each time there is a change in prices

Indicate whether the statement is true or false

Business

What is a defining feature of an alliance?

a. An alliance brings two or more individual organizations together b. An alliance requires these parties to be interconnected in some way with resource dependencies c. Interconnectedness involves reciprocal relations d. All of the above

Business

A "cash balance" retirement plan is a type of

A) defined benefit plan. B) Social Security plan. C) defined contribution plan. D) annuity.

Business