A minimum liability for pension expense is reported when
a. the projected benefit obligation exceeds the fair value of pension plan assets.
b. the pension expense reported for the period is greater than the funding amount for the same period.
c. the accumulated benefit obligation exceeds the fair value of pension plan assets.
d. vested benefits exceed the fair value of pension plan assets.
C
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In deciding whether or not a segment of a business should be eliminated, attention should be on
a. sales minus total expenses of the segment. b. sales minus total variable expenses and avoidable fixed expenses of the segment. c. sales minus total direct expenses of the segment. d. the segment's net income.
Which of the following types of change is initiated in times of crisis?
A) Crisis change B) Organic change C) Systematic change D) Dramatic change
The average price of cell phones manufactured by Ahmadi, Inc. is $98 with a standard deviation of $12. Furthermore, it is known that the prices of the cell phones manufactured by Ahmadi are normally distributed. a.What percentage of cell phones produced by Ahmadi, Inc. will have prices of at least $120.20?b.Cell phones with prices of at least $81.80 will get a free gift. What percentage of the cell phones will be eligible for the free gift?c.What are the minimum and the maximum values of the middle 95% of cell phone prices? d.If 7,218 of the Ahmadi cell phones were priced at least $119.00, how many cell phones were produced by Ahmadi, Inc.?
What will be an ideal response?
Pharm-Ace holds a patent on a drug. Pharm-Ace used the patent (evidenced by the patent certificate) to secure a $1 million loan from First Bank. The patent is chattel paper
a. True b. False Indicate whether the statement is true or false