A retirement plan that indicates how much the company will contribute to an employee's retirement fund is called a(n) ________
A) defined-benefits plan
B) pension plan
C) employee stock-ownership plan
D) defined-contribution plan
E) 401(k) plan
Answer: D
Explanation: Company-sponsored retirement plans can be categorized as either defined-benefit plans, in which companies specify how much they will pay employees on retirement, or defined-contribution plans, in which companies specify how much they will put into the retirement fund (by matching employee contributions, for instance), without guaranteeing specific payout levels during retirement.
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Givens Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to information for Givens Corp Calculate the cost of goods sold for Givens
Corp a. $275,000 b. $259,000 c. $241,000 d. $211,000
An observational research strategy in which mechanical devices, rather than human observers, record the phenomenon being observed is called ________
A) personal observation B) virtual observation C) perceptual observation D) mechanical observation E) device recording
Which of the following is the MOST accurate statement concerning conciseness?
a. To prepare a concise passage, include only those details that the receiver needs, and state those details in the fewest possible words. b. Conciseness means that the writer should use as few words as possible when composing a message. c. Conciseness results in weakly worded passages that indicate poor writing skills. d. Conciseness is not recommended in formal business documents, such as business reports, because full disclosure is needed in such situations.
A(n) ________ style of communication focuses on the speaker and the reduction of barriers between the parties.
A. affective B. instrumental C. personal D. contextual