For a long-term employee who is covered by a defined benefit plan, the highest retirement income will be obtained if his/her retirement income is based on
A) initial average pay.
B) random year annual pay.
C) career-average pay.
D) final average pay.
Answer: D
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When a firm's leaders adopt a conscious marketing approach
A. the firm engages in activities that provide a short-term financial benefit. B. the resulting corporate culture stays in accordance with the leaders' ideals. C. the majority of stakeholders are not affected. D. a group of employees is selected to focus on corporate social responsibility. E. the resulting corporate culture emphasizes making a profit.
The Equal Pay Act requires that employees of American Indian ancestry and employees of Italian ancestry be paid equally for equal work
Indicate whether the statement is true or false
Which of the following sentences is true of the Better Business Bureau (BBB)?
A. The BBB is a federal regulatory agency that controls advertising. B. The BBB is regulated by the American Marketing Association. C. The BBB was established to handle client complaints about regional business practices. D. The BBB promotes fair advertising and selling practices across all industries. E. Local BBBs are located in only two cities across America.
If the event of interest is A, then:
a. the probability that A will not occur is [1 - P(A)]. b. the probability that A will not occur is the complement of A. c. the probability is zero if event A is impossible. d. the probability is one if event A is certain. e. All of these are true.