This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The City of Altoona Pension Trust Fund has assets with an actuarial value of 4,000,000, an actuarial ... (Read 92 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jul 5, 2018
The City of Altoona Pension Trust Fund has assets with an actuarial value of 4,000,000, an actuarial accrued liability of 5,000,000, and an annual covered payroll of 800,000.What is the Pension Trust Fund's funded ratio?
 
  a. 20 percent
  b. 80 percent
  c. 125 percent
  d. 500 percent

Question 2

Which of the following is notan element of internal controls?
 a. to protect assets from misuse
  b. ensure the accuracy of business information
  c. ensure that laws and regulations are followed
  d. ensure that company policies are in place to maximize profits


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

d


lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jul 5, 2018
Thank you


nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Cao Fei, RMB City, in Art in the Twenty-First Century, season 5 episode, "Fantasy". Cao Fei, RMB City, in Art in the Twenty-First Century, season 5 episode, "Fantasy".
Eric Bunge and Mimi Hoang, nARCHITECTS, New Aqueous City. Eric Bunge and Mimi Hoang, nARCHITECTS, New Aqueous City.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
The population of a city has continued to grow since 1950. The population of a city has continued to grow since 1950.
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library