Dean Has Earned $70,000 Annually for the Past 4½ Years

question 98

Multiple Choice

Dean has earned $70,000 annually for the past 4½ years working as an architect for MWC. Under MWC's defined benefit plan (which uses a 5-year cliff vesting schedule) employees earn a benefit equal to 3.5% of the average of their three highest annual salaries for every full year of service with MWC. What is Dean's vested benefit (or annual benefit he has earned so far) ?

• A) $12,250.
• B) $42,000.
• C) $7,350.
• D) $0.

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Definitions:

Innate Emotions

Basic feelings or emotions that are hard-wired into the brain at birth through evolution.

James-Lange Theory

An early theory of emotion that proposes emotions occur as a result of physiological reactions to events.

Schachter Theory

A psychological theory suggesting emotions are determined by physiological arousal and the cognitive interpretation of that arousal.

Physiological Cues

Signals from the body that indicate states like stress or hunger, assisting in the understanding of bodily needs or reactions.