Which of the following is a benefit under the Employee Retirement Income Security Act guidelines for qualified pension plans?

A. Additional life insurance
B. Home security
C. Executive physicals
D. Payment of club dues


Answer: A

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Which of the following constitutes a mutual mistake of a material fact?

A) Martha selling her house to Graham and hiding the fact that its first floor is damaged B) Martha and Graham agreeing on the sale of a house, both referring to different houses C) Graham buying a house from Martha without asking her details of damages D) Martha selling Graham an old vase for $20, both of them unaware that it is a valuable antique collectible

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Self-esteem needs include such elements as recognition, attention, prestige, and status

Indicate whether the statement is true or false.

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According to the information provided in Table 12-2, which presents a queuing problem solution, on average, how many units are in the line?

A) 5.455 B) 3.788 C) 1.091 D) 0.758 E) 0.833

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In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ratio, respectively. Tiffany is retiring from the partnership. Each of the following questions is independent of the others.Refer to the above information. Tiffany is paid $60,000, and no goodwill is recorded. In the journal entry to record Tiffany's withdrawal:

A. Tiffany, Capital will be credited for $60,000. B. Ron, Capital will be debited for $5,000. C. Cash will be debited for $60,000. D. Stella, Capital will be debited for $4,000.

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