Retirement programs, or ________, provide income in the form of an annuity to employees and their beneficiaries during some or all of their retirement

FIll in the blank with correct word.

Answer: defined benefits

Business

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Most of the time the book values and market values for equity are very similar, but this is not true for debt

Indicate whether the statement is true or false

Business

The purpose of information in financial accounting is to communicate the organization's financial position to investors, banks, regulators, and other outside parties

Indicate whether the statement is true or false

Business