The Rate of Return on Investment Is the Main Determinant

question 133

True/False

The rate of return on investment is the main determinant of investment spending.

Understand the features and tax implications of life and accident insurance within benefit plans.

Recognize the factors influencing Canadian organizations' shift from defined benefit to defined contribution pension plans.

Distinguish between mandatory and nonmandatory benefits in Canadian employment.

Assess the impact of employee participation in the design of benefits plans on understanding, acceptance, and cost.

---

Definitions:

United States

A country in North America composed of 50 states, a federal district, five major self-governing territories, and various possessions.

Great Britain

A geographical term that refers to the island located northeast of Ireland and northwest of France, comprising the nations of England, Scotland, and Wales.

Soviet Union

A socialist state that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR), composed of multiple republics, and was a major world power during its existence.

Yalta Conference

A meeting held in February 1945 among the heads of government of the United States, the United Kingdom, and the Soviet Union (Roosevelt, Churchill, and Stalin) to discuss post-World War II reorganization of Europe and the establishment of the United Nations.