If an employee is in the pension plan, rights under this plan will be lost if the employee leaves the firm prior to receiving a vested interest
Indicate whether the statement is true or false
T
You might also like to view...
Code: A = amortization of unrecognized prior service cost B = interest cost C = gain or loss (to the extent recognized) D = service cost E = expected return on plan assets F = pension expense ? Which equation would be correct for the calculation of pension expense?
A) F = D + B ? E + A ± C B) F = B + D ± A ± C + E C) F = D ? B ± C ? E ± A D) F = B ± C ? E ? D ± A
Which of the following is not considered to be non-sampling risk?
a. Misinterpretation of information. b. Use of improper audit procedure. c. The sample does not represent the population. d. Carelessness of the auditor.
The management at Consumer Research Systems, which has several hundred employees, is attempting to determine whether to apply the management by objectives (MBO) or behaviorally anchored rating scales (BARS) approach for evaluating job performance. In making their choice, they should consider the fact that
A. BARS allows for mutually agreed-upon objectives that are more measurable and specific that those associated with MBO. B. MBO focuses on performance behaviors, whereas BARS emphasizes both performance behaviors and results. C. BARS permits employees and managers to agree on a time period for achieving objectives, whereas MBO leaves this open-ended. D. MBO emphasizes results as much as performance behaviors, whereas BARS focuses on performance behaviors. E. MBO uses "critical incidents"-short descriptions of effective and ineffective behaviors-which are not part of the BARS system.
Fact Pattern 16-1BBayside Construction Company enters into a contract with Clio to remodel Dewey's Home Store, using products from Eagle Building Supplies. Fresh Food Café is next to Dewey's Home Store.Refer to Fact Pattern 16-1B. Eagle will realize a profit from the sale of products to Bayside to remodel Dewey's store. Eagle is
A. a delegatee. B. an assignee. C. an incidental beneficiary. D. an intended beneficiary.