Which of the Following Is Not a Factor That Has

question 29

Multiple Choice

Which of the following is not a factor that has caused the decline in defined benefit plans in the U.S.?

• A)increasing mobility of the workforce
• B)global competition causing employers to reduce expenses
• C)reduced employer liability for pension plan results under a defined benefit plan
• D)employee, and not the employer, bears the investment risk of a defined contribution plan

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Definitions:

Direct Materials

Basic substances that can be directly linked to the manufacturing of particular products or services.

Conversion Costs

Conversion Costs are manufacturing expenses related to turning raw materials into finished products, typically including labor and overhead costs.

Transferred-In Costs

Costs accumulated from a previous process or department that are carried into the cost of goods in the next phase of production.

Average Cost Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all items available for sale during the period.