How Does a Private Blockchain Differ from a Public One

question 23

Multiple Choice

How does a private Blockchain differ from a public one? Select all that apply.

• A) A private Blockchain does not use proof of work consensus
• B) A private Blockchain is more efficient and has faster transaction times
• C) A private Blockchain is not distributed
• D) A private Blockchain often requires the identity of users to be known

Understand the impact of actuarial assumptions on pension costs and obligations.

Grasp the concept of funded status and its significance for pension plans.

Recognize how U.S. income tax code affects pension funding and strategy.

Understand the implications of the funded status of a pension plan on a firm's financial health.

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Definitions:

Attribution Theory

The theory that explains how individuals pinpoint the causes of their own and others' behavior and events; it describes the cognitive process of attributing causes to events and behaviors.

Implicit Leadership Theory

The idea that people have ingrained beliefs and expectations about the attributes and behaviors that make an effective leader.

Transformational Leadership

A leadership style that inspires followers to exceed their own interests for the sake of the greater good, often leading to significant changes or improvements.

Universal Perspective

A viewpoint that considers all factors and conditions affecting a situation without bias.