Finance 333 homework 1

a. The purchase of mutual fund shares. b. Depositing in a credit union. c. Borrowing from a friend or relative. d. Employee contribution to a pension fund. Which ones of the above are examples of indirect financing? a and b a, b and c a, b and d a, c and d all of the above.

Is this information correct in how to set up an RRSP

Kindly help on these questions. 1. What are some recommendations methods for raising sufficient capital.? 2. What are some recommendations for retirement plans and employee benefit options.?

Hi, Help with attached question, thank you!

17) Which of the following is the largest pension fund? A) Social Security B) a Roth individual retirement account C) an individual retirement account D) a money market fund E) a corporate insurance plan

Insurance producers who must maintain Premium Fund Trust Accounts (PFTAS) may withdraw funds from the account to pay all of the following expenses EXCEPT: premiums due insurers A. B. C. D. claim payments due insureds return premiums due insureds commissions due other licensees P

Which of the following retirement plans are directly connected to the size of the investment portfolio? In other words, the larger the investment portfolio, the greater the potential retirement income benefit. I. Defined Contribution Pension Plan (DCPP) II. Registered Retirement Savings Plan (RRSP) II. Old Age Security IV. Tax-Free Savings Account (TFSA) V. Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) A II, IV and V В III and IV C I, Il and III I, Il and IV E III and V

Mulitple choice question   When are liabilities recognized for the federal Social Security program? Select one: a. When benefits are paid to the recipients b. When benefits are earned by the recipients c. When benefits are due and payable at the end of a reporting period d. When the social security trust fund receives cash from employees and employers

In determining the present value of the prospective benefits (often referred to as the defined benefit obligation), the following are considered by the actuary: retirement and mortality rate. interest rates. benefit provisions of the plan. all of these factors.     In accounting for a defined-benefit pension plan an appropriate funding pattern must be established to ensure that enough monies will be available at retirement to meet the benefits promised. the employer's responsibility is simply to make a contribution each year based on the formula established in the plan. the expense recognized each period is equal to the cash contribution. the liability is determined based upon known variables that reflect future salary levels promised to employees.   Alternative methods exist for the measurement of the pension obligation (liability). Which measure requires the use of future salaries in its computation? Vested benefit obligation Accumulated benefit obligation Defined benefit…

S1: Under a defined contribution plan, the amount of a participant’s future benefits is determined by the contributions paid by the employer, the participant, or both, and the operating efficiency and investment earnings of the fund. S2: Under a defined benefit plan, the payment of promised retirement benefits depends on the financial position of the plan and the ability of contributors to make future contributions to the plan as well as the investment performance and operating efficiency of the plan. Only S1 is true None is true Only S2 is true Both are true

Which of the following journal entries would be recorded when an entity contributes cash to its defined benefit pension plan? Select one: а. DR Cash; CR Net defined benefit liability O b. DR Pension assets; CR Cash Ос. DR Cash in trust; CR Cash O d. DR Net defined benefit liability; CR Cash

In pension planning, some people rely on the Social Security system fortheir entire retirement program. Using two groups, have one argue forSocial Security and have one argue against the system.

Public pension funds are those funds administered by O A. federal, state, or local government (e.g., Social Security) B. A private company such as Apple O C.A self-employed individual, like your professor D. None of the above

In case of life insurance policies with profits, policy holders are given the right to participate in the profits of the business and for this purpose insurance company will pay: a. Claims to policy holders b. Bonus to policy holders c. Consideration to policy holders d. Annuity to policy holders

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Characterize potential sources of income available for retirement years by addressing the following: Individual Retirement Account (IRA): describe the difference between a Traditional and a Roth IRA. Indicate how each provide income for retirement and how each are funded (i.e. employee, employer, or both). If you were planning on opening an IRA, indicate which type that you would select and provide your rationale.

Mf3. (a) In relation to the underlying risk insured, explain why the use of funds differs for general insurance companies and life insurance companies.    (b) Insurance companies manage funds as a part of the business of providing insurance. Describe another type of managed fund discussed in the course and explain how this differs from an insurance company. In your answer give an example of a source and use of funds for this managed fund.

Please define in your own words the following terms: contractual savings institution, hedge fund, I.P.O. , investment banking, mutual fund, pension fund, underwriting. Please use your own words and no plagiarism make it really short and simple answer

Why are more funds from property and casualty insurance companies than funds from life insurance companies invested in money markets?

Pls help ASAP