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Author Question: Cash-Balance Plan (a) Involves a payment of a specified amount to each participant (b) Payments ... (Read 26 times)

cherise1989

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on: Jul 7, 2018
Cash-Balance Plan
 
  (a) Involves a payment of a specified amount to each participant
  (b) Payments are linked to the CPI
  (c) Employer contribution is a certain percentage of employee's earnings from time employee enters the program
  (d) Involves use of a formula to determine amount of benefit an employee will receive

Question 2

Professional
 
  (a) Work requires advanced knowledge in a field of science or learning
  (b) Expected to work on a continuing basis and meet specific performance standards
  (c) Not required to be paid for work over 40 hours per week
  (d) Performs manual labor assignments
  (e) Establish policy and formulate strategy


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smrtceo

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Reply #1 on: Jul 7, 2018
Answer to Question 1

c

Answer to Question 2

a


cherise1989

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

duy1981999

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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