Group of answer choices a. True b. False
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Q: Describe three criteria of the 13 minimum standards on which plan status is determined to qualify…
A: Hello, since the student has posted multiple requirements, only the first one is answerable. Thank…
Q: Compensation income may be in the form of monetary or in-kind benefit. a.true b.false
A:
Q: Evaluate this statement: The excess of the actual return on plan assets over the expected return…
A: Plan assets: The assets which are used to satisfy the postretirement obligation, are held as a…
Q: S1: Employee-sponsored retirement plans can be categorized into two: current service cost and…
A: Employee Sponsored Retirement Plan :— It is a type of retirement benefits provided by companies to…
Q: pension
A: Introduction A cash balance pension plan is a plan where the participating employees would receive a…
Q: Defined contribution plans are gaining in popularity because: a) They remove the burden of payment…
A: Contribution plans: It is a combined effort taken by the employer and the employee together…
Q: a defined contribution plan, as long as the employer makes a definite contribution to the plan, the…
A: Defined contribution plan is a plan opted for providing employee benefits at the end of retirement…
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A: Traps: There are various traps in finance and the economy, where individuals and countries can get…
Q: A Defined Benefit Plan defines the following: O A. Your (employee) contributions to the plan O B.…
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Q: Which of the following are the rights of agents: A Right of subsidy; right of support B Right of…
A:
Q: An experience rating, or merit rating a. directly adjusts the benefit amount the unemployed…
A: The correct answer is option (c).
Q: Which of the following is a demographic assumption for purposes of applying PAS 19? A. Future…
A: The acronym PAS stands for Philippines Accounting Standard. PAS 10 applies to all the employees of…
Q: Identify the one true statement. a. Benefit-cost analysis is recommended for a formal economic…
A: B-C Analysis is known as the Benefit-Cost Analysis which is commonly used to evaluate long-term or…
Q: Q.How can annuity help in having a good benefit proposal for workers
A: Benefit proposal is the proposal which is offered by a firm to the employees or potential employees…
Q: Explain why mobile employees might prefer cash balance plans over defined benefit plans.
A: Cash balance plans: These are the defined benefit plans which provide the benefit of a 401(k) plan…
Q: The measurement of defined benefit cost is usually made by a trustee. a. TRUE b. FALSE
A: A defined-benefit plan is an employer-sponsored retirement plan in which employee benefits are…
Q: They are the Defined Contribution Plans and Defined Benefit Plans. What are the distinct differences…
A: Retirement plans are segregated into 2 plans Defined Benefit Plan (DBP) Defined Contribution Plan…
Q: Kindly help on these questions. 1. What are some recommendations methods for raising sufficient…
A: Note : As per our guidelines, we can only answer 1 question at once. Please post other questions…
Q: (a) Explain the following: O The difference between a defined benefit plan and a defined…
A: As per our protocol we provide solution to the one question only but as you have asked multiple…
Q: For Pension Plans: A. Describe the differences between a Defined Benefit pension plan and a Defined…
A: Defined Benefit Pension Plan Defined benefit pension plan can clearly describes as it is absolutely…
Q: Cash balance plans are preferred by mobile workers because they are more flexible than defined…
A: This question explains about the Mobile employees choose cash balance plans because they are more…
Q: Sohar Aluminium is providing free housing and child education facilities to its employees.Identify…
A: The employers generally provides benefits to the employee in addition to basis salary with a view to…
Q: What is the amount of the plan assets available to pay benefits? What are the factors that can cause…
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Q: If the government intends to increase the welfare of certain groups through special programs…
A: Efficiency means to make the best use of the resources or to make use of minimum inputs for the…
Q: Help Save & Amortizing prior service cost for pension plans will: Multiple Choice Increase retained…
A: Ans. Prior service cost refers to an extra or an added benefit to the pension plan of an employee.
Q: What is "constructive receipt doctrine? Discuss What is "economic benefit doctrine? Discuss
A: Constructive receipt doctrine: According to constructive receipt doctrine policy, the taxpayer…
Q: Which one of the following increases the labour costs to an entity? Select one: O A. Productivity…
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Q: When are liabilities recognized for the federal Social Security program? Select one: a. When…
A: The Social Security program provides protection against the loss of earnings due to retirement,…
Q: The following reason out the use of projected salaries as the base of computing the projected…
A: A projected benefit obligation is nothing but an actuarial measurement of present value of future…
Q: Which of the following does not describe a defined contribution plan? The employer bears the risk…
A: The question is related to Employee benefits. Define Contribution plan is plan where the employee…
Q: Explain the phrase "Expenditure on social responsibility is actually an investment".
A: INVESTMENT: It is a return that generates growth. Expenditure: It is a cost reduces growth.…
Q: Which of the following does not increase the Projected Benefit Obligation? Actuarial loss on…
A: Solution: Following would increase the projected benefit obligation: 1. Actuarial loss on benefit…
Q: easonal working capital needs are best financed by:
A: Working capital refers to the difference between current assets and current liabilities. Working…
Q: Options on the death of RESP beneficary, if it was a group plan on the death if a beneficary, how…
A: With the increase in inflation, many expenses are increase which also includes education expense.…
Q: 8. Which of the following is a characteristic of a defined benefit plan? Post-employment benefits…
A: 8. Defined benefit plan is a plan designed to assure the employee certain benefit after his…
Q: The measurement of defined benefit cost is usually made by a trustee. True or false?
A: Defined-benefit plan: It is an Employer-Sponsored Retirement Plan in which employee benefits are…
Q: It is a type of retirement plan where the benefit to be received by the employee is dependent on the…
A: Retirement plans are those in which amounts are invested periodically which accumulate until the age…
Q: Social Security is a “pay-as-you-go” system. How
A: Social security refers to the protection which is provided by society to individuals or households…
Q: Outline any problems you are aware of associated with the discounting of future costs and benefits…
A: The discounting of future cost means that because that will be incurred in future and discounted…
Q: How is the Accumulated Benefit Obligation (ABO) different from the Projected Benefit Obligation…
A: The value that is used for the compensations of the employees is the only difference between the…
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- Which of the following is true of defined benefit plans? Select one: a. Contributions are not attributed to specified employees. b. Plan costs are predictable. c. They cannot provide benefits for past service. d. Employees assume the risks of preretirement inflation and investment performance.It is a type of retirement plan where the benefit to be received by the employee is dependent on the contributions made to the plan and on the investment performance of the plan. The risk that the benefits to be received may be insufficient is retained by the employee. a. Defined contribution plan b. Defined benefit plan c. none of the above d. a or bYour company has decided to offer company-sponsored, outsourced retirement planning to employees as a voluntary benefit. Which data set did the employer most likely use to make this decision? A. Ethical B. Compliance C. Demographic D. Economic
- What is the difference between defined benefit’ and ‘defined contribution’ pension funds. What are the risks, including underfunding’ of each and which type has become more popular and why.?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.?When the employee bears the entire costs of discretionary benefits it is referred to as which type of financing? Select one: a. Contributory b. Noncontributory c. Employee-focused d. Employee-financed
- What personality theory is the most dominant concept to help us better understand financial goal setting of individuals? Discuss your answerDescribe three criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment. Are employees more likely to favor defined contribution plans over defined benefit plans? What about employers? Explain your answer. Explain why mobile employees might prefer cash balance plans over defined benefit plans.Which of the following statements are disadvantages for the employer-sponsor of a cash balance pension plan? 1)A certain level of plan benefit is guaranteed by the PBGC. 2)The employer bears the investment risk in the plan. 3)Cash balance pension plans are less expensive for the employer than a traditional defined benefit pension plan. 4)Retirement benefits may be inadequate for older plan entrants Answer list below a) 2, 4 b) 1, 2 c) 1, 3 d) 3, 4
- Defined contribution plans are gaining in popularity because: a) They remove the burden of payment from the employer b) They qualify retirees for special Social Security payments c) The benefits are tax free d) They routinely produce higher payouts to employeesS1: 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 trueWhich of the following profit sharing allocation options provides for a combination of age and compensation to allocate the contributions? Standard Social Security Integration Age-Based Profit Sharing Select one: 1 only 3 only 2 and 3 1, 2, and 3