Benefit Improvements Give Rise To

question 38

Multiple Choice

Benefit improvements give rise to:

• A) Prior service costs.
• B) Past service costs.
• C) Actuarial service costs.
• D) Benefit improvement costs.

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Definitions:

Unionized Workers

Workers belonging to a labor union that advocates for their rights in discussions with employers.

Avoid Dealing

The practice of not engaging or communicating with certain parties or issues, often as a strategy to prevent conflict or because the topics are deemed unsolvable or too sensitive.

Norris-LaGuardia Act

A 1932 U.S. federal law that restricted employers' power to prevent unionization and limited the issuance of injunctions in labor disputes.

Federal Courts

Courts established by the federal government of a country, in the United States, for instance, they have the authority to rule on legal disputes based on constitutional and federal law.