A defined contribution plan promises employees a fixed annual pension benefit
a. True
b. False
Indicate whether the statement is true or false
False
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Land is not depreciated because it
a. appreciates in value. b. does not have an established depreciable life. c. has a useful life that is limited to the period of time a company is in business. d. will provide future benefits for a company for an unlimited period of time.
Which of the following statements about the price-setting process is most accurate?
A. Demand-oriented pricing approaches rely heavily on competitors' prices. B. Skimming pricing is a competition-oriented pricing strategy. C. Penetration pricing is the best pricing strategy for companies trying to meet the goals of a profit-oriented pricing approach. D. When selecting a strategy for setting an initial price, it does not matter which one you use as long as you stick with it. E. Sometimes pricing strategies overlap, and a seasoned marketer will consider several strategies when choosing an approximate price level.
Which of the following are reasons to consider selling an investment that is currently in a portfolio?
I. The investment has met the original objective. II. Better investment opportunities currently exist. III. The outlook for the investment has improved. IV. The investment has not met expectations and no change is expected. A) I, II and IV only B) I, III and IV only C) I, II and III only D) I, II, III and IV
The present value of a cash flow will never be greater than the future dollar amount of the cash flow.
Answer the following statement true (T) or false (F)