What Effect Did the Requirement to Replace the Minimum Liability

question 15

Multiple Choice

What effect did the requirement to replace the minimum liability requirement with the funded status of a pension plan have for overfunded pension plans?.

• A)Return on assets decreased.
• B)There was no effect on return on assets.
• C)The debt-to-Equity ratios increased.
• D)Return on common stockholders' equity increased.

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Definitions:

Bureaucracies

Organizational structures characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality.

Woodward's Studies

Research by Joan Woodward that established a link between technology and organizational structure, suggesting the optimal structure varies by technological type.

Continuous-Process Plants

Factories where production materials are moved continuously through a series of steps or processes.

Mass Production

The manufacturing of large quantities of standardized products, often using assembly line technology and methods, to achieve economies of scale.