Vesting applies to the contributions made by:
A. an employee to a retirement plan.
B. an employer to a retirement plan.
C. both an employee and employer to a retirement plan.
D. the government to a retirement plan.
Ans: B. an employer to a retirement plan.
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Based on the author's take on e-waste management, a manager would do well to learn that?
A. dealing with e-waste at home can be ten times cheaper than sending it abroad. B. disposal and recycling partners must be audited with the same vigor as suppliers and other partners. C. environmentalists target only the big firms as they can afford to compensate for any environmental damage wrought by their practices. D. e-waste management is simple enough for firms to monitor and track through international agencies such as Fair Factories Clearinghouse. E. appointing environmentalists like Al Gore to the firms board of directors helps avoid legal action and brand tarnishing due to bad e-waste management practices
Which of the following situations pose a refinancing risk for an FI?
A. An FI issues $10 million of liabilities of one-year maturity to finance the purchase of $10 million of assets with a two-year maturity. B. An FI issues $10 million of liabilities of two-year maturity to finance the purchase of $10 million of assets with a two-year maturity. C. An FI issues $10 million of liabilities of three-year maturity to finance the purchase of $10 million of assets with a two-year maturity. D. An FI matches the maturity of its assets and liabilities. E. All of the above