Unlike Francis Bacon, Who Argued That Humanity's Powers Were to Be

question 54

True/False

Unlike Francis Bacon, who argued that humanity's powers were to be used to "conquer nature," Benedict de Spinoza claimed that nature does not exist for human domination because nature and the universe and humanity itself are all part of God.

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Definitions:

Projected Benefit Obligation

Projected Benefit Obligation (PBO) is a measure of the estimated total amount a pension plan needs to cover future pension benefits owed to employees, based on expected future salary increases.

Plan Assets

The resources that a pension plan has accumulated to cover future obligations to participants.

Amortization of Prior Service Costs

The process of gradually writing off the initial costs of services received or obligations incurred in the past, over the service periods of the involved employees.