An Advantage of Flexible Retirement Can Be

question 67

Multiple Choice

An advantage of flexible retirement can be:

• A)that the organization has an advance notice of a future position vacancy
• B)that the employer can begin reducing the benefits the employee is entitled to
• C)that company is able to speed up the rate of the flexible retirement schedule
• D)that retirees can extend their contributions and continue their engagements with the organization
• E)that it is a politically correct way of enforcing a mandatory retirement age

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Definitions:

Account Payable

An account payable is a liability representing an amount owed by an entity to a supplier or creditor for goods or services received but not yet paid for.

Return on Assets Ratio

The Return on Assets Ratio measures a company's ability to generate earnings from its assets, calculated by dividing net income by the average total assets.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments due on any type of debt.

Return on Assets Ratio

A financial metric used to evaluate a company's profitability relative to its total assets.