A pension plan provides for future retirement income based on the employee's earnings and length of service with the company. This type of pension plan is termed a
A) contributory plan.
B) defined contribution plan.
C) noncontributory plan.
D) defined benefit plan.
D
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List the recommended guidelines for effective voice mail communication
In the sentence My supervisor and I recently interviewed four outstanding candidates for the accounting position, the word for functions as a(n)____
A) adjective B) pronoun C) conjunction D) preposition
No person may become a member of a partnership without the consent of all the partners
a. True b. False Indicate whether the statement is true or false
Bill, a local inventor, developed a diet pill that he believes will solve the obesity problem in the
United States. Bill wants to create a new company, 50% owned by Bill and 50% owned by a major drug company. Although he believes the pills are safe, Bill is concerned about liability if someone becomes sick or dies. The best form of business organization for the new company is A) limited liability company with Bill and the drug company owning equal shares. B) general partnership with Bill and the drug company as equal partners. C) sole proprietorship with Bill as owner and the drug company as creditor. D) S-type corporation with Bill and the drug company owning equal shares.