She named her daughter, Jessica, as the beneficiary under the policy. Jessica has not given anything in consideration for the policy. Jessica is a donee beneficiary who has the right to enforce the policy once Susan dies.
A beneficiary is a character or entity which you legally designate to acquire the blessings out of your financial merchandise. For live coverage, this is the loss of life benefit your policy will pay in case you die. For retirement or investment bills, that is the balance of your belongings in the money owed.
Some may select a surviving partner as a named beneficiary while others might also call a child or a discern. One great purpose people buy life coverage is for peace of mind in relation to their own family, knowing that life insurance safety is in place in the event of your demise.
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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4. Compare and contrast e-commerce and e-business (4 marks) 5. Explain the technologies behind e-commerce (10 marks) 6. Outline any five payment systems usable in e-commerce (10 marks) 7. How does EDI work in e- Banking? (10 marks) 8. What are the stages involved in developing an e-commerce website? (10 marks)
E-commerce focuses on online transactions, while e-business corresponds to digital actions and operations that encompass a company.
What are the technologies of an e-commerce?The technologies behind e-commerce are the development of businesses on the Internet, with electronic website technologies, online payments and customer relationship systems.
An effective payment system used in e-commerce can be EDI, which corresponds to Electronic Data Interchange, where the exchange of bank data between organizations with communication and compensation via e-banking takes place.
Therefore, the steps involved in developing an e-commerce website are planning the website, developing the layout and design, organizing the products and payment systems so that the customer has an easy and effective experience.
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a differential analysis is useful for all of the following decisions except a.making or buying a component part. b.accepting additional business at a special price. c.discontinuing a segment or product. d.none of these choices are correct.
A differential analysis is useful for all of the following decisions except d.none of these choices are correct.
What is differential analysis?Differential analysis can be described as the decision-making technique which is been used in the process of examination of the benefits and costs associated with each of two terms as well as the comparison of the the net results of the two.
It should be noted that the alternative selected can be regardecas the one that is mostly favorable , hence it focuse on the future costs and benefits that differ between the alternatives.
Therefore, option D is correct.
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Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called:____
a. an intermediate good.
b. an inventory good.
c. a transitory good.
d. a final good.
Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called an intermediate good.
An intermediate good is a good which is produced by a certain firm which is then used as an input for the production of another goods.
These type of goods is usually traded between the different firms and also serves as a resource to produce a final good, that means , a product which is ready to consume and is sold in the market.
Some intermediate goods can be considered as final goods, for example sugar can be purchased directly by the consumers or it can be used to produce jams.
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Buyer Smith purchases thirty-five acres for a subdivision development and she plans to phase the development.In order to sell the lots in the first phase of the project,she should reserve mortgage a
a)Partial release clause
b)Redemption clause
c)Subordination clause
d)Takeout clause
In order to sell the lots in the first phase of the project, Buyer Smith should reserve mortgage a partial release clause. The correct answer is option A.
What is a partial release clause?A partial release is a mortgage provision which allows some of the collateral to be released from a mortgage after the borrower pays a particular amount of the loan. Lenders need proof of payment, a survey map, appraisal, and a letter mentioning the reason for the partial release. It is often found in tract development construction loans.
In simple words, a partial release of a mortgage is a method of splitting up a piece of property which is currently under a mortgage lien.
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pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 32 % Bond fund (B) 9 % 23 % The correlation between the fund returns is 0.15. Suppose now that your portfolio must yield an expected return of 12% and be efficient, that is, on the best feasible CAL. a. What is the standard deviation of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The standard deviation of the portfolio is 7.09%.
What is the proportion of stock in minimum risky portfolio?= [(0.23)² - (0.32*0.23*0.15)] / [(0.32)² + (0.23)² - (2*0.32*0.23*0.15)]
= 0.31421708452
= 31.42%
What is proportion of bond fund in minimum risky portfolio?= 1 - 0.31421708452
= 0.68578291548
= 68.58%
What is the expected return of minimum risky portfolio?= 0.3142*15% + 0.6858*9%
= 0.04713 + 0.061722
= 0.108852
What is the standard deviation of your portfolio?= ((0.6858)² * (0.23)² * (0.3142)² * (0.33)²) + ((2 * 0.6858 * 0.3142 * 0.32 * 0.23 * 0.15))^0.5
= (0.00026747972 + 0.00475776218)^0.5
= 0.0050252419^0.5
= 0.0708889406
= 7.09%
Therefore, the standard deviation of the portfolio is 7.09%.
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Ex. 2) Cecile placed $17,000 in a 270 days term deposit earning 4.25%. How much will the bank pay Cecile on the maturity date? ETER English (United States) RAE FOCUS ng may kay may say ay may DELL
The amount that the bank will pay to Cecile at the maturity date is $17,251.25.
Given that
Cecile placed $17,000 in a 270 days term deposit earning 4.25%.
The interest earned on the term deposit is calculated using the simple interest formula which is expressed as-
I = PRT
Where;
P is the principal or the initial deposit,
R is the rate of interest as a decimal
T is the time in years.
In this case,
P = $17,000,
R = 4.25%
= 0.0425 (since the interest rate is given as a percentage), and
T = 270/365
= 0.7397 (since the time given is in days and we need to convert it to years by dividing by 365).
Hence, the interest earned, I = 17000 × 0.0425 × 0.7397
= $251.25
Therefore, the amount that the bank will pay to Cecile at the maturity date is the sum of the principal and the interest earned which is;
=$17,000 + $251.25
= $17,251.25
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What should you do when you have multiple goals that conflict with each other?
The following information applies to the questions displayed below.] In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026. Information related to the contract is as follows:
The total revenue recognized by Westgate Construction Company for the road construction contract with Santa Clara County in 2024-2026 was $10,000,000. The revenue recognition process involved several key steps:
1. Identification of the contract: Westgate Construction Company entered into a contract with Santa Clara County to construct a road, establishing the contractual agreement.
2. Determination of performance obligations: The construction of the road constituted the performance obligation in the contract, as it was the main deliverable agreed upon by both parties.
3. Measurement of transaction price: The transaction price for the contract was determined to be $10,000,000, representing the agreed-upon consideration for the construction services.
4. Allocation of transaction price: The transaction price was allocated to the performance obligation based on its relative standalone selling price, taking into account any variable consideration or discounts.
5. Recognition of revenue over time: As the road construction progressed over the years, Westgate Construction Company recognized revenue based on the percentage of completion. This was measured by comparing the costs incurred for the construction work to the total estimated costs for the project.
6. Incurrence of costs: Westgate Construction Company incurred costs related to labor, materials, equipment, and overhead throughout the construction period.
7. Evaluation of collectability: The company assessed the collectability of the contract's consideration to ensure that it was probable that they would receive the payment.
8. Completion of the road construction: In 2026, the road construction was completed, fulfilling the performance obligation under the contract.
Westgate Construction Company recognized the total revenue of $10,000,000 for the road construction contract with Santa Clara County. This revenue recognition process involved steps such as contract identification, performance obligation determination, transaction price measurement and allocation, revenue recognition over time, cost incurrence, collectability evaluation, and ultimately the completion of the road construction project.
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What did New Deal farm programs want to accomplish?
The major goals of the New Deal were relief, recovery, and reform.
What is New Deal farm program?The Agricultural Adjustment Act (AAA) was enacted as part of President Franklin D. Roosevelt's New Deal in 1933. Farmers were offered subsidies in exchange for limiting their production of certain crops under the law. Subsidies were intended to limit overproduction, allowing crop prices to rise.A major New Deal program to restore agricultural prosperity during the Great Depression by reducing farm output, reducing export surpluses, and raising prices.Because President Roosevelt's advisors believed that the economic depression was caused by a slowdown in agriculture, much of the New Deal was designed to assist farmers.Agricultural Adjustment Administration was established (AAA). Measures were implemented to reduce crop supply, stabilize prices, and support farm income.To learn more about New Deal program refer to :
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The subject line in an email helps the recipient decide which messages to read and ______________ to read them.
Answer:
Is it The email subject line helps recipients decide which messages to read and when to read them
Explanation:
It makes the most sense
T/F: a core competency is a unique capability that creates high value in which an organization excels.
A core competency is a unique capability that creates high value in which an organization excels. This statement is True.
A core competency is a unique capability or set of capabilities that a company possesses and that creates high value for the organization. It is a distinctive strength that gives a company a sustainable competitive advantage over its rivals. Core competencies are typically difficult for competitors to imitate or replicate, and they are often at the heart of a company's success and long-term growth.
Core competencies can include a range of capabilities such as specialized knowledge, unique technologies, efficient processes, and exceptional customer service, among others. These competencies can enable a company to develop new products, enter new markets, or create innovative solutions that differentiate the organization from its competitors and create value for its customers.
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What would a manager increase by providing positive feedback and reinforcing positive attributes of employees
When a manager provides positive feedback and reinforces positive attributes, this increases employee self esteem.
How can managers improve employee self esteem?Managers are very important in the building of an employee's self esteem to ensure that they are better workers.
Some ways they can do this include giving positive feedback on employee tasks and also reinforcing positive attributes that the employees have to encourage them to do better.
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Question 6 - Variance Analysis (15 marks) Assume that owners decided to go ahead with the Canmore expansion (first introduced in question 4). The junior accountant has prepared the following report to
Management should not solely rely on the static budget report and should consider the flexible budget report for a more accurate evaluation of performance.
Should they rely results based on the static budget report?Even though static budget report may show favorable variances in certain areas, it does not provide a comprehensive view of the company's performance. The flexible budget report takes into account the actual sales volume achieved and adjusts the budgeted amounts accordingly.
Comparing the actual results to the flexible budget reveals additional variances that may not be apparent in the static budget report. These variances can provide valuable insights into the company's performance and highlight areas where corrective actions may be needed.
Therefore, management should consider the flexible budget report to gain a more accurate understanding of the company's performance and make informed decisions based on the variances identified.
Full question:
g report to compare the static budget (from question 4) to the actual results. The owners have asked you to complete a variance analysis. 3 Required: Part A (8 marks)-Create a Static Budget Report Variance Analysis, indicating whether variances are favorable (F) or unfavorable (U). All variance amounts should be shown as positive numbers. 5 6 Static Budget Variance Favorable or Amount Actual Results Amount Unfavorable 4,048 5,170 1,122 Favorable $ 506,000 $ 620,400 114,400 Favorable 216,000 225,000 55,660 93,060 9,000 Unfavorable 37,400 Unfavorable 46,400 Unfavorable 68,000 Favorable 271,660 318,060 234,340 302,340 7 Sales in Units 8 Sales 9 Less: Variable costs: 10 Cost of Goods Sold 11 Sales Commissions 12 Total Variable costs 13 Contribution Margin 14 Less: Fixed Costs: 15 Advertising 16 Property Taxes 17 Rent 18 Salaries & Wages 19 Total Fixed Costs 20 Net Operating Income 21,000 22,000 9,000 10,000 42,000 45,000 1,000 Favorable 1,000 Unfavorable 3,000 Favorable 4,000 Unfavorable 9,000 Unfavorable 59,000 Favorable 108,000 112,000 180,000 189,000 54,340 113,340 B D F E Discuss the variances you've identified in the static budget report (t.e. what are potential causes of the variances?) What is the weakness of using a static budget report to evaluate performance? (2 marks) 22 The static buget and the actual buget are different. It leads to a large variance amount. 23 24 Required: Part B (12 marks) -The owners can see that the company sold a different amount of units than budgeted. They 25 have asked you to create a flexible budget report. 26 Flexible Budget Amount Variance Actual Results Amount Favorable (F) or Unfavorable (0) 27 5,170 620,400 225,000 93,060 318,060 302,340 28 Sales in Units 29 Sales 30 Less: Variable Costs: 31 Cost of Goods Sold 32 Sales Commissions 33 Total Variable costs 34 Contribution Margin 35 Less: Fixed Costs: 36 Advertising 37 Property Taxes 38 Rent 39 Salaries & Wages 40 Total Fixed Costs 41 Net Operating Income 22,000 10,000 45,000 112,000 189,000 113,340 Management was pleased on the results based on the static budget report. Should they be pleased? What does the flexible budget tell you? What are your recommendations to management based on the flexible budget report? (3 marks)
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___________ The process of deciding which product elements to include that will appeal to the target market.
Product selection The process of deciding which product elements to include that will appeal to the target market.
Product selection involves researching and analysing the target market in order to determine which product elements to include in order to appeal to them. This process is an important part of the marketing mix and involves understanding the needs and wants of the target market, and how these can be fulfilled by the product being offered.
This process can involve researching customer preferences, understanding industry trends and studying the competitors in order to identify how the product can be improved. With this information, product selection involves making informed decisions about which elements are most likely to appeal to the target market and be successful.
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When the government runs a budget surplus, it uses the funds to:
pay down outstanding debt
A budget surplus occurs when the government collects more revenue than it spends. When this happens, the government typically uses the surplus funds to pay down outstanding debt.
This debt can include money owed to other countries, money owed to other branches of government, or money owed to the public. Paying down the debt can help free up more money for other uses, such as investing in infrastructure, paying for social services, or providing tax relief.
Additionally, reducing the amount of debt owed can help ensure the government's long-term fiscal health. Reducing the debt can help the government manage its budget more effectively, as it reduces the amount of interest payments it must make to service the debt. This can also help the government maintain a low rate of inflation, and help avoid a situation where the government is unable to pay its bills.
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true or false. aeplanned , also called the planned aggregate spending line, is equal to the consumption function plus planned investment spending.
The given statement is true that planned aggregate spending line, is equal to the consumption function plus planned investment spending.
Aggregate spending or also called aggregate expenditure is the currents price and value of all the ready goods and products in the economy of a country. It is the measure of the estimated income of the country. The expenditure is calculated in a fixed time period.
Investment is the saving or putting of money in the form of an asset that is used to purchase any good for some amount of time. The intention of investment is to increase the amount of money after that fixed period of time.
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Estimated total manufacturing overhead costs $750,000
Actual total manufacturing overhead costs $ 765,000
Estimated machine hours 200,000 hours
Actual machine hours 198,000 hours
1. Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs.
a. $3.79.
b. $1.02.
c. $3.75.
d. $3.86.
2. Amilmar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate cost driver to allocate overhead costs. What will be the total overhead costs applied during the year?
a. $750,000.
b. $765,000.
c. $742,500.
d. $772,727.
The predetermined overhead rate and Applied over costs are $3.75 per machine hour and $742,500
What is predetermined overhead rate?A predetermined overhead rate is an allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects.
Predetermined overhead rate
= estimated total manufacturing overhead costs / estimated machine hours
= 750,000 / 200000
= $3.75 per machine hour
Applied overhead costs
= Actual machine hours * predetermined overhead rate
= 198,000 * 3.75
= $742,500
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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE
two common areas of accounting that respectively provide information to internal and external users are
Managerial accounting and financial accounting are two popular branches of accounting that offer data to internal and external consumers, respectively.
These financial reports give tax authorities, investors, and creditors information about how a firm performed. Financial accounting is divided into two categories: accrual accounting and cash accounting. Financial accounting is the practice of providing information to users, including creditors, consumers, investors, and the government. For people outside of the business who require information to make decisions, supply timely and appropriate information. form of financial accounting report made available to individuals outside the company. Managers and other staff who work internally are among the users of financial data who validate prior outcomes and aid in making modifications for upcoming actions. External users are those outside the corporation who make choices or assess an entity's performance using financial information.
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A cover letter does all of the following EXCEPT:
Sells you as the best candidate for the job
Introduces you and summarizes your resume
Explains why you don't meet every qualification of the job
Explains why you are interested in the job
A cover letter does not explain why we don't meet every qualification of the job. The correct option is c.
What is a cover letter?A cover letter can be understood as a written document which is submitted with a job application outlining the applicant's credentials and interest in the open position. A cover letter is often one of only two documents sent to a potential employer, therefore, a well or poorly-written letter can impact whether the applicant is called for an interview. A cover letter which is good complements the resume and explains why the candidate is the ideal person for the job.
Cover letter mistakes can sink a job applicant.
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What two factors influence an economic school of thought?(1 point)
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
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What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
Answer:
produce more
Explanation:
the less you have of something the more its gonna be worth
How is the value of a product determined?
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.
If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.
The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.
Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.
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Probably the full options are:
The airline carrier is liable.The buyer is liable.Help
Subject: Seasonal Product Vendors
>
се
Hi,
The Seasonal Product Team needs a vendor who can quickly adjust to changes in product demand. The Planning Team has sent
over a table comparing how the four available vendors have been performing. Can you identify which vendor to recommend?
Thank you,
Nadia Loomis
Task
Instructions
Rank order the vendors, keeping the Seasonal Product Team's needs in mind.
Flexibility
Customer Issues
Quantity Shipped
Shipped On Time
Rank
Vendor
1
D
.
.
1
.
2
K
.
.
3
V
.
.
.
.
4
Р
O
1
Based on the information provided, it seems that Vendor D is the most suitable vendor for the Seasonal Product Team's needs, followed by Vendor K, Vendor V, and Vendor P.
Vendor D appears to be the most flexible of the four vendors, as evidenced by their low number of customer issues, high quantity shipped, and high on-time shipping rate. They have the fewest customer issues, indicating that they are likely able to adjust to changes in demand quickly and efficiently.Vendor K also seems like a good option, as they have the second-fewest customer issues and a high on-time shipping rate. However, their quantity shipped is slightly lower than Vendor D, which could be a concern.Vendor V has shipped the most quantity overall, but they have a higher number of customer issues and a lower on-time shipping rate than both Vendor D and Vendor K.Finally, Vendor P appears to have the most customer issues and the lowest quantity shipped and on-time shipping rate of the four vendors, indicating that they may not be the best option for the Seasonal Product Team's needs.
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Generally, younger entrants are favored in which of the following plans? 1. Defined benefit pension plans. 2. Cash balance pension plans. 3. Target benefit pension plans. 4. Money purchase pension plans
Defined benefit pension plans: Generally, younger entrants are not favored in defined benefit pension plans. These plans calculate retirement benefits based on factors such as years of service and final average salary, rather than age.
Therefore, age is not a significant factor in determining benefits in defined benefit plans.
Cash balance pension plans: Younger entrants are generally favored in cash balance pension plans. These plans allocate a set percentage of an employee's salary into an individual account, which accumulates with interest over time. Since younger employees have more years for their accounts to accumulate, they can benefit from the compounding effect and potentially accumulate a larger retirement balance.
Target benefit pension plans: Target benefit pension plans aim to provide a predetermined retirement benefit based on a combination of factors, including age, salary, and years of service. While age can be a factor in these plans, it is not necessarily a determining factor, and benefits may be adjusted based on other factors as well.
Money purchase pension plans: Money purchase pension plans allocate a fixed percentage of an employee's salary into an individual account, similar to cash balance plans. Younger entrants can benefit from these plans since they have more time for their contributions to grow through investment returns.
In summary, younger entrants are generally favored in cash balance pension plans and money purchase pension plans, where the accumulation of retirement savings over time can be advantageous. However, the impact of age on benefits may vary depending on the specific provisions and calculations of each plan.
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1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
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