Which term refers to the money that an employer and employee have placed in the employee's pension fund that cannot be forfeited for any reason?
A) thrift plans
B) vested funds
C) stock options
D) cash balance funds
Answer: B
Business
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The higher the inventory turnover measure, the:
A. faster a firm sells its inventory. B. faster a firm collects payment on its sales. C. longer it takes a firm to sell its inventory. D. greater the amount of inventory held by a firm. E. lesser the amount of inventory held by a firm.
Business
When writing a report to inform a supervisor on the progress of a project, what type of report is being created?
A) Personal activity report B) Operating report C) Policies and procedures report D) Compliance report E) Progress report
Business