The Two Components of Central Place Theory Are

question 12

Multiple Choice

The two components of central place theory are

• A) range and rank-size rule.
• B) rank-size rule and threshold.
• C) threshold and market share.
• D) market share and range.
• E) range and threshold.

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Definitions:

Plan Assets

Assets set aside to meet future obligations, typically used in pension and retirement plans.

Pension Asset

An asset on the balance sheet, representing the company's surplus or prepaid contributions in its pension fund.

Journal Entries

Journal entries are the formal accounting record of financial transactions in the order they occur in a company’s financial system.

Pension Expense

The annual cost recognized by an employer for the benefits earned by employees in the employer-sponsored pension plan during the year.