Profit-sharing plans and employee stock ownership plans are examples of defined-benefit plans.

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


False

Profit-sharing plans and employee stock ownership plans are defined-contribution plans.

Business

You might also like to view...

A retailer found that inventory shrinkage rates varied greatly by department, as well as by merchandise item within departments. The retailer should consider using _____

a. in-store cameras b. point-of-sale computers c. electronic article surveillance d. burglar alarms

Business

Morrisey Company has two investment opportunities. Both investments cost $6800 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below: Investment I Investment IIPeriod 1 $1900?   $1900? Period 2  1900?    3080? Period 3  2900?    4260? Period 4  5440?    2900? Total $12,140?   $12,140? What is the net present value of Investment II assuming an 12% minimum rate of return? Use Appendix Table 1. (Do not round intermediate calculations. Round your answer to nearest whole dollar.)

A. $2227 B. $12,140 C. $9027 D. $(8732)

Business

Extensions defined in SQL-99 that include the capability to create and drop modules of code stored in the database schema across user sessions are called:

A) stored procedures. B) Persistent Stored Modules. C) flow control modules. D) global triggers.

Business

The last string of letters in a URL that indicates the type of organization or country code is called the ________

A) IP address B) top-level domain C) hashtag D) fragment identifier

Business