Which of the following are acceptable reasons for an employer to terminate a qualified retirement plan? 1. The employer is not profitable and cannot afford to make plan contributions. 2. The employer wants to reduce the cost of retirement benefits. As a result, the employer terminates a defined benefit plan and replaces it with a 401(k) plan.
a. 1 only.
b. 2 only.
c. Both 1 and 2.
d. Neither 1 nor 2.
c. Both 1 and 2.
Business
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Time-series analysis is the evaluation of a firm's financial performance in comparison to other firm(s) at the same point in time
Indicate whether the statement is true or false
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Which of the following is NOT a stakeholder?
A)a business competitor. B)shareholders. C)employees. D)customers.
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Indicate whether this statement is true or false.
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