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Explain the essential features of a defined benefit,externally managed,non-contributory superannuation plan whose benefits are not vested.
Normal Level
A baseline or standard level of activity, production, or operation, considered typical or expected under normal circumstances.
Standard Production Time
The amount of time that should reasonably be expected to manufacture a product under normal conditions.
Fringe Benefits
Additional benefits supplementing an employee's salary, such as health insurance, paid vacation, or a company car.
Freight Costs
Expenses incurred by a company to transport goods from one place to another.
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