Examlex
One of Chapter 6's subjects is the idea that we strive to be somebody and to be perceived in a certain way. Discuss how we want to be seen by others on the street in our roles as police officers. What is it we are trying to "be like" out there?
Actuarial Assumptions
The hypotheses about demographic, financial, and other variables that actuaries use to calculate the liabilities and expenses of insurance and pension plans.
GAAP Standards
Generally Accepted Accounting Principles; a set of rules and standards used for financial reporting and accounting in the United States.
Pension Asset
Refers to the resources set aside by a company in a pension fund to meet future pension liabilities to its employees.
Projected Benefit Obligation
A measurement of the present value of future pension benefits earned to date as estimated by actuaries, used in accounting for pension plans.
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