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NEW QUESTION: 1
Which type of voluntary benefit plan goes beyond IRS guidelines and tends to be offered to shareholders and executives?
A. Defined benefit
B. Participation benefit
C. Defined contribution
D. Qualified plan
E. Nonqualified plan
Answer: E
Explanation:
Explanation: This question describes the nonqualified plan, which provides benefits to employees such as executives and shareholders. Answer choice A is incorrect because the qualified plan provides IRSapproved tax advantages but without any extra benefits for shareholders and executives. Answer choice C is incorrect because the defined contribution plan utilizes a standard pension plan without any added benefits defined in advance. Answer choice D is incorrect because the defined benefit program starts with a pension plan and adds specified benefits to it. Answer choice E is incorrect because participation benefit is not a type of voluntary benefits plan.

NEW QUESTION: 2
Which of the following is a process improvement approach that provides organizations with the essential elements for effective process improvement and guides process improvement across a project, a division, or an entire organization?
A. Capability Maturity Model Integration
B. COBIT
C. Six Sigma
D. Service Portfolio
Answer: A

NEW QUESTION: 3
Which one of the following is true?
A. The length of the operating cycle is always greater than or equal to the length of the cash cycle.
B. The inventory period of the operating cycle ends when the receivable it creates is actually paid by the customer.
C. The inventory period plus the accounts receivable period is equal in length to the operating cycle plus the cash cycle.
Answer: A
Explanation:
A). The inventory period ends when the receivable is created.
C). The operating cycle is equal in length to the inventory period plus the accounts receivable period.

NEW QUESTION: 4
Given the code fragments:

What is the result?
A. Super Sub Sub
B. Contract Contract Super
C. Compilation fails at line n1
D. Compilation fails at line n2
Answer: A