What are the various types of pension plans that employers offer to their employees? How does the
Question:
What are the various types of pension plans that employers offer to their employees? How does the accounting differ for these types of plans (in general terms)? What type of pension plan is the most common today? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
Types of Pension Plans Additional Voluntary Contributions In this pension scheme as a member of an occupational pension scheme payments are made in th...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Principles of Information Security
ISBN: 978-1285448367
4th Edition
Authors: Michael E. Whitman, Herbert J. Mattord
Question Posted:
Students also viewed these Managerial Accounting questions
-
Explain the appropriate procedures for recording transactions related to the issuance of stock related transactions. What are the various types of stock that corporations issue? What is meant by par...
-
Discuss current liabilities and why they are important. What are the various types of current liabilities that companies may have? Why is it important to segregate current and long-term liabilities?...
-
What are the various component processes in business analysis? Explain with reference to equity analysis.
-
Go to the 2013 annual report for Kelloggs Company at http://investor.kelloggs.com/investor-relations/annual-reports. What is the cost of finished goods inventory for 2013 as shown in note 17?
-
A couple plans to set aside $20,000 per year in a conservative portfolio projected to earn 7 percent a year. If they make their first savings contribution one year from now, how much will they have...
-
You were asked to investigate extremely high, unexplained merchandise shortages at a department store chain. Classify each of the five situations as a fraudulent act, an indicator of fraud, or an...
-
A mixture of three hydrocarbons is to be separated into three nearly pure products by thermally coupled distillation at \(1 \mathrm{~atm}\) as shown in Figure 10.38. Based on the specifications given...
-
Maria Ochoa receives two new credit cards on May 1. She had solicited one of them from Midtown Department Store, and the other arrived unsolicited from High-Flying Airlines. During the month of May,...
-
Calculate the mechanical advantage for a quarter-inch bolt (1/4-20) that has 20 threads per inch and is turned by a 4.0-inch wrench. (Use the value 3.1416 for pi.)
-
Listed below are eight transactions the Foster Corporation made during November: Issued stock in exchange for cash. Purchased land. Made partial payment with cash and issued a note payable for the...
-
What are some of the unique aspects of postretirement benefits that must be considered? What makes them difficult to account for? What are the similarities and differences between pension accounting...
-
1. What is E&P? How do distributions from E&P affect taxes? What are the various types of dividends that corporations distribute? How do dividends affect taxes? Should corporations structure...
-
Rank in order of increasing average density: (a) Jupiter, (b) Saturn, (c) Earth
-
T he speed of sound waves in ocean water is 1 5 2 2 meter / second . T wo ships are moving towards each other, one ship which is the source of sound waves is moving at 2 8 meter / second , the...
-
How do allosteric enzymes differ from classical Michaelis-Menten enzymes in terms of regulation and kinetic behavior? Discuss the molecular basis for cooperativity and its physiological relevance .
-
Blaine Shoes, an unlevered firm, has a cost of capital of 15 percent and earnings before interest and taxes of $500,000. Blaine increases its leverage by taking on debt of $700,000 with a rate of 7.5...
-
escribe how the three-dimensional structure of an enzyme determines its specificity and catalytic mechanism. How do techniques like X-ray crystallography and cryo-electron microscopy contribute to...
-
Assume that the investment possibilities are Stocks (S) and Bonds (B). Stocks have an expected return of 10% and a standard deviation of 18%. Bonds have an expected return of 4% and a standard...
-
1. The employees in this case pointed to the fact that Integrity could have greatly reduced the amount of time for screening to just a few minutes by employing more personnel and metal detectors....
-
Doorharmony Company makes doorbells. It has a weighted- average cost of capital of 5% and total assets of $ 5,900,000. Doorharmony has current liabilities of $ 750,000. Its operating income for the...
-
The reservoir pressure and temperature for a convergent-divergent nozzle are 5atm and 520R, respectively. The flow is expanded isentropically to supersonic speed at the nozzle exit. If the...
-
A flow is isentropically expanded to supersonic speeds in a convergent-divergent nozzle. The reservoir and exit pressures are 1 and 0.3143atm, respectively. What is the value of Ae/A*?
-
A Pitot tube inserted at the exit of a supersonic nozzle reads 8.92 x 10 4 N/m 2 . If the reservoir pressure is 2.02 x 10 5 N/m 2 , calculate the area ratio Ae/A* of the nozzle.
-
ABC Hospital is one of two hospitals in the community. The Hospital offers all major specialty services (e.g. cardiology, neurology, pulmonology, etc.) The Hospital is approached by a cardiologist...
-
You obtained job-related information about the HR assistant position from O*Net. Answer the following sections based on that information. QUESTIONS: The following is the list of questions included in...
-
On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $27,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries...
Study smarter with the SolutionInn App