Author Question: Two sets of ratios are shown in the schedule of funding progress prepared for Pension Trust Funds: ... (Read 80 times)

mia · **on:** Jul 5, 2018

Two sets of ratios are shown in the schedule of funding progress prepared for Pension Trust Funds: (A) the funded ratio; and (B) the unfunded actuarial accrued liability as a percentage of covered payroll.

The financial status of the pension fund is said to be improving when:
a. both A and B increase over time
b. both A and B decrease over time
c. A increases and B decreases over time
d. A decreases and B increases over time

Question 2

The model that logically organizes data into two-dimensional tables is the:
a. hierarchical database model
b. network database model
c. relational database model
d. object-oriented database model