A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously
Indicate whether this statement is true or false.
Answer: FALSE
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TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following information for the year ended December 31, 2018: Service cost$90,000 Interest cost$120,000 Actual return on plan assets$70,000 Expected return on plan assets$80,000 Amortization of prior service costs$30,000 If the company contributes $130,000 cash to the pension plan trustee, which one of the following journal entries properly records the payment?
A.
| DR Pension expense | 120,000 | ? |
| DR Pension asset | 10,000 | ? |
| CR Cash | ? | 130,000 |
B.
| DR Pension expense | 130,000 | ? |
| CR Cash | ? | 130,000 |
C.
| DR Pension expense | 160,000 | ? |
| CR Cash | ? | 130,000 |
| CR Pension asset (liability) | ? | 30,000 |
D.
| DR Pension expense | 90,000 | ? |
| DR Pension asset (liability) | 40,000 | ? |
| CR Cash | ? | 130,000 |
Which of the following is likely to occur if a company has an insufficient number of territories?
A) A salesperson would spend too much time traveling and not enough time selling. B) It would lower a salesperson's income. C) Salespeople would fight over the geographic boundaries. D) Territories would overlap.
Cash and cash equivalents are considered ____________________ assets
Fill in the blank(s) with correct word
______ refers to the act of revealing information about one’s self to others.
a. Self-disclosure b. Experimenting c. Social penetration d. Bonding