Choose the Most Complete Description of the Possible Relationship(s)between the Discount

question 74

Multiple Choice

Choose the most complete description of the possible relationship(s) between the discount rate (D) and the expected long-term rate of return on plan assets (R) used for defined benefit pension plans.

• A)D = R
• B)D > R
• C)D < R
• D)D can be equal to, greater than, or less than R for any given firm

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Definitions:

Nondisclosure Agreement

An agreement that requires employees to promise that, should they leave their employment with their present employer, they will not reveal any confidential trade secrets that they may learn at their current job.

Future Employment

Employment that is anticipated or planned to commence at a future date.

Local Option Statutes

Local option statutes are laws that allow local governments to adopt or reject certain regulations based on the preferences of their communities, often used in the context of alcohol sales regulations.

Unconscionable Contracts

Agreements that are so unjust or overwhelmingly one-sided in favor of the party with the superior bargaining power that they are deemed unenforceable under the law.