Pension plan assets - Study guides, Class notes & Summaries

Finance 470- MC Exam Practice Questions and Answers The net deferrals are included in the balance sheet as part of: A. assets. B. current liabilities. C. shareholders' equity. D. long-term liabilities - Ans:-B Pension intensity can be measured by expressing the pension plan assets and the pension obligation separately as: A. a percentage of company's total liabilities. B. a percentage of company's total assets. C. a percentage of company's net income. D. a percentage of c...

Individual correct answers Life cycle return requirement Life cycle risk tolerance (younger are more risk tolerant) Variable liquidty, life cycle time horizon, no regulations, variable taxes Mutual Funds correct answers Variable return requirement Variable risk tolerance High liquidity, long time horizon, few regulations, no taxes Pension funds correct answers Return requirement: assumed actuarial rate Risk tolerance depends on proximity of payouts Liquidity: low for young ages, high...

If ABC Corporation has net profits of $100,000 and distributes $50,000 as dividends, what is its taxable income? A. $0 B. $25,000 C. $50,000 D. $100,000 - Answer-The net profits of a corporation are subject to federal income taxation. This tax is levied on corporate taxable income before payment of dividends to common and preferred shareholders. Thus, if ABC Corporation has net profits of $100,000 and distributes $50,000 as dividends, its taxable income is still $100,000. Distribution ...

PFQF Practice Exam 2 - Complete Solutions (Answered) Which one of the following statements concerning investing strategies is CORRECT? A) Strategic asset allocation moves assets according to changing market conditions. B) Tactical asset allocation uses risk and return as the basis for asset allocation and rarely changes that allocation. C) A pure buy-and-hold strategy minimizes transaction costs and can help with tax efficiency. D) Dollar cost averaging causes more stock shares to be obtained ...

WebCE: Long-Term Care: Programs, Policies, and Partnerships 100% Pass What is the Primary Goal of Long Term Care To maintain functionality Which of the following most precisely defines the fundamentals of self-care and the basic tasks of life? Activities of daily living Long Term Care occurs only in nursing facilities. False On what basis are benefits payable under a long term care insurance policy typically triggered? the inability to perform defined ADLs A long-term care ombudsman represen...

CEBS: GBA/RPA 3 (new curriculum) latest update 100% pass ERISA Employee Retirement Income Security Act 1974 SOC Reports Service Organization Controls: for external vendors SOC 1 Internal Controls & Financial reports; used by auditors SOC 2 Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 Same as SOC2, but available for public use. Tribble V Edison Landmark court case re fiduciary responsibility pe...

Disclosure of vulerability due to Identified concentrations - Answer-Only needs to be disclosed when: C's exist at BS date C's make entity vulnerable in near-term Reasonably possible severe impact CFO reporting - Answer-required of segments reportable Avoidable interest - Answer-The potential amount to be capitalized for construction debt (total expenditures / 2(if evenly spread through year)) x interest rate Compare with total and choose lower Exchange that lacks commercial su...

WISE-Money Management/Financial Plan Exam Questions and Answers 100% CorrectWISE-Money Management/Financial Plan Exam Questions and Answers 100% CorrectWISE-Money Management/Financial Plan Exam Questions and Answers 100% CorrectWISE-Money Management/Financial Plan Exam Questions and Answers 100% Correct 401 (k) - ANSWER-a tax-deferred investment and savings plan that acts as a personal pension fund for employees Asset - ANSWER-anything of value that is owned Balance Sheet - ANSWER-lists c...

How did the enactment of ERISA change the professional liability insurance industry? - ️️Fiduciary liability existed before ERISA. However, this type of insurance was not offered until after ERISA was enacted. ERISA imposed guidelines that increased the potential liability of fiduciaries of employee benefits plans. Consequently the need for this insurance emerged. A person or organization is a fiduciary if that person or organization holds the confidence or trust of another, especially...

If ABC Corporation has net profits of $100,000 and distributes $50,000 as dividends, what is its taxable income? A. $0 B. $25,000 C. $50,000 D. $100,000 ~~> The net profits of a corporation are subject to federal income taxation. This tax is levied on corporate taxable income before payment of dividends to common and preferred shareholders. Thus, if ABC Corporation has net profits of $100,000 and distributes $50,000 as dividends, its taxable income is still $100,000. Distr...