Examlex
With a sample size of n > 20, the sampling distribution for the sign test, assuming the null hypothesis is true, follows the student's t- distribution.
Defined Benefit Plan
A Defined Benefit Plan is a type of pension plan where the benefits that the employee will receive upon retirement are defined based on a formula involving salary history and years of service.
Internal Revenue Code
The codified collection of U.S. tax laws encompassing various rules for income, payroll, gift, estate, and excise taxes.
Taxable
Subject to taxation; refers to income, assets, or financial transactions that are liable to be taxed by governmental jurisdictions.
Prior Service Cost
This is the cost of retroactive benefits granted to employees in a defined benefit plan amendment, to be recognized over future periods.
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