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Compare and contrast a defined benefit and a defined contribution pension plan.
In defined benefit plan retirement remuneration are determined by a formula that typically considers the worker's salary, age and years of service. The firm and/or the employee contribute the amounts necessary to reach the goal. In a defined contribution plan, the contributions to be made by the employer and/or employee are spelled out, but retirement payback depend on the total accumulation in the individual's account at the retirement date.
Why the term objective is used for The term is used in a rather narrow sense of what a firm must attempt to achieve with its financing, investment and dividend policy decisions
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What are the basic requirements for a successful JIT inventory control system? For a JIT system to be booming the supplier must be willing and capable to deliver materials instan
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Explain the random walk model for exchange rate forecasting. Can it be consistent with technical analysis?
Explain the bird in the hand theory of cash dividends. The bird in the hand dividends theory states that dividends received now are better as compared to a promise of future divi
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Explain the distinction in the translation process among the monetary/nonmonetary method and the temporal method. Answer: Within the monetary or nonmonetary method, every mone
Suppose that the business uses the double declining balance method to depreciate its equipment (a) Determine the net book value, depreciation expense, and accumulated deprecia
evaluate the importance of leverage in financial management of a small scale company
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