Select the Key Term That Relate to Accounting for Pension

question 52

Essay

Select the key term that relate to accounting for pension plans from the list that best matches with the following definition.
A. Agent multiple-employer pension plan
B. Cost-sharing multiple-employer pension plan
C. Covered payroll
D. Defined benefit plan
E. Defined contribution plan
F. Net pension liability
G. Service cost
H. Total pension liability
________ 1. A pension plan which specifies the amount or rate of contribution that the employer and employees must contribute to the members' accounts in the pension plan.
________ 2. The portion of the present value of projected benefit payments to be provided through the pension plan to current active and inactive employees that is attributed to those employees' past periods of service.
________ 3. The portion of the actuarial present value of projected benefit payments that is attributed to the current year, interest on the total pension liability, benefit payments, and other changes to the total pension liability.
________ 4. The pension obligations of many employers are pooled and plan assets can be used to pay the benefits of the employees of any employer that provides pensions through the pension plan.
________ 5. Plan assets of numerous employers are pooled for investment purposes but accounts are maintained for the individual employer participants.

Describe the central and peripheral routes to processing persuasion.

Recognize the role of attribution in social perception.

Understand the principle of the primacy effect in impression formation.

Identify stereotypes and their impact on social perception.

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Definitions:

Telecommunications Technology

The hardware and software employed in transmitting information (voice, data, text, or images) over distances.

Organizational Culture

The shared values, beliefs, and practices that shape the behavior and attitudes of members within an organization.

Shared Values

Fundamental beliefs or principles that are held in common by members of an organization or community.

Sense of Community

A feeling of belonging and mutual support within a group, where members share common values, beliefs, or interests.