Which of the following statements is true regarding a defined contribution pension plan?
A) The pension benefits to be received by the employee during retirement are defined in the plan.
B) Defined contribution plans have the more complex accounting issues than defined benefit plans.
C) Defined contribution plans do not define the benefits that the pension plan must pay to retired employees.
D) Employers that use defined contribution plans are assuming more risks than employers that use defined benefit plans.
C
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The supply curve of reserves in an economy is _____ when the federal funds rate is less than the primary credit discount rate.
A. downward-sloping B. upward-sloping C. horizontal D. vertical
Answer the following statements true (T) or false (F)
1. Fawaz is contemplating a couple of new options for the order takers that he manages. There is no great urgency in the situation; he just needs to have a procedure in place within a couple of months. Fawaz would be wise to make this decision by himself. 2. Participative management has a large effect on job performance and job satisfaction. 3. Consensus occurs when group members are able to express their opinions and reach agreement to support the final decision. 4. Middle and supervisory managers may be a source of resistance in participatory management.
Bribery is most likely to occur when
A. industries are high-tech in nature. B. industries experience little competition. C. the country has reached a high level of economic development. D. industries operate in an oligarchic competitive environment. E. industries experience intense competition.
Describe the guidelines for providing reference check information.
What will be an ideal response?