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The Poor Academics Superannuation Plan,a Defined Contribution Superannuation Plan,had the Following

question 3

Multiple Choice

The Poor Academics Superannuation Plan,a defined contribution superannuation plan,had the following assets at the dates shown:
$\begin{array}{l}30 / 6 / 20 \times 9\\\begin{array}{lrr}\text { Asset } & \frac{\text { Cost }}{} & \text { Market Value } \\\hline \text { A } & \$ 140 & \$ 200 \\\text { B } & 620 & 600 \\\text { C } & \frac{950}{1710} & \frac{1000}{1800} \\& 750 & 800 \\\text { D } & \overline{-} & -\overline{-} \\\text { E } & \$ 2460 & \$ 2600\end{array}\end{array}$

$30 / 6 / 20 \times 0$
$\begin{array}{rr}\frac{\text { Cost }}{} & \text { Market Value } \\& \$ 300 \\620 & 650 \\\frac{950}{1710} & \frac{980}{1930} \\\cdots & - \\\underline{1400} & \underline{1410} \\\$ 3110 & \$ 3340 \\\hline\end{array}$
Asset D was sold during the year ended 30/6/20X0 for $840; asset E was acquired during the year ended 30/6/20X0.
$\begin{array}{l}\text { For the year ended } 30 / 6 / 20 \times 0 \text { : }\\\begin{array} { l r } \text { Interest revenue (interest, dividends, etc) totalled } & \$ 1500 \\\text { Contributions from members of the fund totalled } & 500 \\\text { Contributions from employers of members of the fund totalled } & 1000 \\\text { Administration expenses paid by the fund totalled } & 500\end{array}\end{array}$
The total benefits accrued as a result of the operations of the fund for the year ended 30/6/20X0 amounted to:

Definitions:

Specific Goals

Well-defined, unambiguous, and measurable objectives that are to be achieved within a set timeframe.

Difficult Goals

Targets that are challenging and hard to achieve, often requiring extra effort and determination.

Feedback

Information provided by an observer (such as a supervisor, peer, or system) regarding aspects of one's performance or behaviour.

Work Effort

The amount of physical or mental energy expended by an individual to accomplish tasks and achieve objectives at work.