Even though not vested, an employee can still receive pension funds paid by the employer upon leaving a company.

Answer the following statement true (T) or false (F)


False

Vesting refers to the rights of employees to receive the dollars paid into a pension or retirement fund by their employer if they leave an organization prior to retirement. If not vested, the employee cannot receive the funds paid by the employer.

Business

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New Wave Music Company has decided to switch to an industry specialization structure. Which of the following advantages is the company now LEAST likely to enjoy?

A) The company can become more customer-focused. B) The company can build closer relationships with important customers. C) The company can better serve different industries. D) The company can better serve its major customers. E) The company can expect salespeople to develop in-depth knowledge of complex product lines.

Business

Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,000 units of its sole product. Magpie desires a profit equal to a 25% rate of return on invested assets of $700,000. Fixed factory overhead cost $38,500 Fixed selling and administrative costs 7,500 Variable direct materials cost per unit 4.60 Variable direct labor cost

per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The unit selling price for the company's product is: A) $15.00 B) $13.82 C) $15.80 D) $14.76

Business

The organizing model of union representation is consistent with which of the following union organizing campaign tactics?

A. Sending mass mailings to workers. B. Union literature portraying management as "the enemy." C. Extensive one-on-one personal contact. D. Handbilling outside the employers premises.

Business

Professor Jones accuses Rachel, a senior at a large state university, of cheating on an exam. The Professor claims that Rachel must prove to him that she did not cheat. If she fails to convince him, she will be expelled from college. Rachel is being denied her due process rights

a. True b. False Indicate whether the statement is true or false

Business