International Migration Has Increased Considerably in Recent Decades As

question 8

Multiple Choice

International migration has increased considerably in recent decades as:

• A) environmental issues dominate the news
• B) economic disparities grow narrow between wealthy and poor regions
• C) economic disparities grow between wealthy and poor regions
• D) political unrest increases in Africa
• E) globalization brings television to people's homes in China and India

---

Definitions:

Pension Asset/Liability

Represents the surplus or deficit in a company's pension plan, indicating whether assets are sufficient to cover pension obligations.

Funded Status

The financial status of a pension plan, usually indicating the extent to which assets cover liabilities.

Past Service Cost

The cost of additional retirement benefits awarded for an employee's service in prior periods, typically arising from plan amendments.

Service Cost

The portion of the projected pension benefit that is attributed to employee's service in the current year, often used in accounting for pension expenses.