Under a defined-contribution plan, your employer alone or you and your employer together contribute directly to an individual account set aside specifically for you

Indicate whether this statement is true or false.


Answer: TRUE

Business

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For monetary-unit sampling, a sampling interval of 400 means that:

A. the average misstatement in sample items is $400. B. every 400th dollar in the account will be included in the sample. C. the average size of items in the account is 400. D. every 400th item in the account will be selected in the sample.

Business

Which of the following is/are true regarding the Raw Materials Inventory account?

a. The Raw Materials Inventory account includes the cost of raw materials purchased but not yet transferred to the factory floor. b. The manufacturing firm records purchases of raw materials as debits to the Raw Materials Inventory account. c. When the manufacturer physically transfers raw materials to the factory floor, it also transfers the cost of the raw materials from the Raw Materials Inventory account to the Work-in-Process Inventory account. d. When the manufacturer physically transfers raw materials to the factory floor, it records this transfer as a credit to the Raw Materials Inventory account for the cost of the raw materials transferred and a debit to the Work in Process Inventory account. e. all of the above

Business

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

The key factor of difference between the Anglo-Saxon and continental models appears to be between capital-based financial markets and credit-based financial markets.

Business

Which method below is a useful decision-making technique that helps to assess the reasons for and against making certain changes?

a. Organizational intervention b. The force c. Lewin’s force field analysis d. Intergroup development

Business