Testbank Multiple Choice Question 30 The projected benefit obligation is the measure of pension obligation that is not sanctioned under generally accepted accounting principles for reporting the service cost component of pension expense:
A. requires the longest possible period for funding to maximize the tax deduction.
B. is required to be used for reporting the service cost component of pension expense.
C. requires pension expense to be determined solely on the basis of the plan formula applied to years of service to date and based on existing salary levels.
D. is not sanctioned under generally accepted accounting principles for reporting the service cost component of pension expense.

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?

In microeconomics, the point at which supply and demand meet is called the blank price

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap