Which of the following answer options are your employer's responsibility? (OSHA)
(A) Develop a written hazard communication program
(B) Implement a hazard communication program
(C) Maintain a written hazard communication program

Answers

Answer 1

Answer: A, B, and C. ALL OF THE ABOVE!

Explanation:

They're all the correct answer.

Answer 2

An employer's OSHA responsibility with regard to a hazard communication program is (C) Maintain a written hazard communication program.

OSHA's HCS, 29 CFR 1910.1200 (e) specifically requires the employer to maintain a written hazard communication.

This written program includes maintenance of labels and other warning forms, safety data sheets.

It is also required that the employer should provide safety information and training, especially for its employees.

Thus, the responsibility of the employer is not to develop or implement a hazard communication program but to maintain a written hazard communication program.

Read more about employer's OSHA responsibilities at https://brainly.com/question/5337593


Related Questions

Use the following items to determine the toata assets ,total liabilities , net worth , total cash inflows and total cash outflows.
Rent for the month $ 650 Monthly take-home salary$ 2,185
Spending for food $ 345 Cash in checking account$ 450
Savings account balance $ 1,890 Balance of educational loan 2,160
Current value of automobile $8,800 Telephone bill paid for month 65
Credit card balance $ 235 Loan payment 80
Auto insurance $ 230 Household possessions 3,400
Video equipment $ 2,350 Payment for electricity 90
Lunches/parking at work $ 180 Donations 160
Personal computer $ 1,200 Value of stock investment 860
Clothing purchase $ 110 Restaurant spending 130

Answers

Answer:

Determining the total assets, total liabilities, net worth, total cash inflows, and total cash outflows:

1. Total assets

Cash in checking account         $ 450

Savings account balance        $ 1,890  

Current value of automobile  $8,800  

Household possessions           3,400

Video equipment                  $ 2,350

Personal computer               $ 1,200

Value of stock investment        860

Total assets                         $18,950

2. Total liabilities

Rent for the month              $ 650

Balance of educational loan 2,160

Credit card balance             $ 235

Total liabilities                  $3,045

3. Net worth

Total assets                      $18,950

Total liabilities                   ($3,045)

Net worth                        $15,905

4. Total cash inflows

Monthly take-home salary $ 2,185

5. Total cash outflows

Spending for food                  $ 345

Telephone bill paid for month    65

Loan payment                             80

Auto insurance                     $ 230  

Payment for electricity               90

Lunches/parking at work     $ 180

Donations                                160  

Clothing purchase               $ 110

Restaurant spending             130

Total cash outflows         $1,390

Explanation:

a) Data and Calculations:

Rent for the month $ 650

Monthly take-home salary$ 2,185

Spending for food $ 345

Cash in checking account$ 450

Savings account balance $ 1,890

Balance of educational loan 2,160

Current value of automobile $8,800

Telephone bill paid for month 65

Credit card balance $ 235

Loan payment 80

Auto insurance $ 230

Household possessions 3,400

Video equipment $ 2,350

Payment for electricity 90

Lunches/parking at work $ 180

Donations 160

Personal computer $ 1,200

Value of stock investment 860

Clothing purchase $ 110

Restaurant spending 130

Suppose your own demand curve for sweaters slopes downward. Suppose also that, for the last sweater you bought this week, you paid a price exactly equal to your willingness to pay. Then
Use letters in alphabetical order to select options
A your consumer surplus on the last sweater you bought is zero.
B you already have bought too many sweaters this week.
C your consumer surplus on all of the sweaters you have bought this week is zero.
D you should buy more sweaters before the end of the week.

Answers

Answer:

A

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

If willingness to pay =  price of the good , then consumer surplus is zero

The summary of the payroll for the monthly pay period ending July 15 indicated the following:
Salaries $180,000
Federal income tax withheld 32,300
Medical insurance withheld 7,370
Social security tax withheld 10,800
Medicare tax withheld 2,700
Illustrate the effects on the accounts and the financial statements of
(a) the payroll
(b) the employer's payroll tax expense for the month.
The state unemployment tax rate is 4.2%, and the federal unemployment tax rate is 0.8%. Only $30,000 of salaries are subject to unemployment taxes

Answers

Solution :

Assets = Liabilities + Stockholders' equity

Cash    Employee Federal     Employee Medical   Employee FICA Retained    

            Income tax payable   Insurance payable   Tax payable      earnings        

-126830           32300                        7370                    13500             -180000

Statement of Cash Flows                                         Income Statement

July 15   Operating Activities   126830    Outflow  July-15 Wages & salaries

                                                                                               Expenses -180000

Assets = Liabilities + Stockholders' equity        

Cash  Employee FICA Tax    FUTA tax payable   SUTA tax    Retained

           Payable                                                          payable      earnings

0          13500                                  240                       1260          -15000

Statement of Cash Flows                                         Income Statement

July-15      No effect                                            Jul-15  Payroll tax expense

                                                                                 15000

                                                                    [tex]$(30000) \times (4.2+0.8)+10800+2700 $[/tex]

Centrum vitamins segments its line of vitamins based on gender and age group (e.g., one line of vitamins is for men over the age of 50). This is an example of market segmentation based on variables of
a. demographics.
b. lifestyles.
c. psychographics.
d. behavior.
e. personality characteristics.

Answers

Answer:

A

Explanation:

Segmentation is the division of people into certain groups based on shared characteristics.

In demographic segmentation, people are placed into groups based on age, gender, ethnicity and other demographic factors

A statement of cash flows helps answer all of the following:
1. What explains the changes in the cash account?
2. Where does a company spends its cash?
3. How can the company improve its operations?
4. How does a company receives its cash?
5. What are the changes in the non-cash accounts?

Answers

Answer:

1. What explains the changes in the cash account?

2. Where does a company spends its cash?

4. How does a company receives its cash?

Explanation:

The Cashflow statement deals with the cash transactions of the company with a view to know how actual cash moves through the company. As a result, it can answer questions related to the cash transactions of the company.

This includes:

Why there were changes in the cash account because it shows what activities brought in cash and which took cash.Where the company spends its cash because those entries will be shown.Where the company gets its cash as well.

How are employment and education related.

Answers

The relationships between education and employment are determined not only by the function of education to prepare learning for subsequent work tasks and other life spheres , but also by the fact that education selects : in an educational meritocracy , the monetary resources and the social recognitions are largely.

QUESTION 10 of 10: Your business owns an old truck. Liability insurance is required; collision is optional. Collision insurance costs $500 per year. The old truck has a value of $750. You think the likelihood of having a serious collision in a year is about 10%. Should you get the collision insurance? O a) Yes Ob) No​

Answers

the answer for this question is No

hope this helps

Answer:

no

Explanation:

I had this one.

Scientist of OB recognize that
organisations are not static but
dynamic and_________
Select one
a. Processing
b. Systematic
c. Researching
d. Ever changing

= Ever changing​

Answers

Explanation:

the answer is = Ever changing

Why are institutions the key to economic growth?
Fill in the blanks to complete the passage about the key difference between Nogales, Arizona, and neighboring Nogales in the Mexican state of Sonora.
Drog word(s) below to fill in the blankfs) in the passage.
two cities are in the same location and have similar _______ and geography, but the U.S. city has a _____ level of education, ______ infant mortality, and better roads. The key difference is ______ that promote security of people and property on the one side but not the other.
weather lower institutions higher economies

Answers

Answer:

Weather, Higher, Lower, Institutions

Explanation:

The two cities are in the same location and have similar weather and geography, but the US city has a higher level of education, lower infant mortality and better roads. The key difference is institutions that promote security of people and property.

Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31

Materials...........................$180,000.....................$145,500
Work in process....................334,600.....................290,700
Finished goods.....................675,000.....................715,000
Direct labor.........................................................$2,260,000
Materials purchased during January....................1,375,000
Factory overhead incurred during January:
Indirect labor......................................................115,000
Machinery depreciation.......................................90,000
Heat, light, and power.........................................55,000
Supplies..............................................................18,500
Property taxes.....................................................10,000
Miscellaneous costs............................................33,100
a. Prepare a cost of goods manufactured statement for January.
b. Determine the cost of goods sold for January.

Answers

Answer and Explanation:

a. The preparation of the cost of goods manufactured statement for January is presented below:

Diskan Manufacturing Company  

Statement of Cost of Goods Manufactured  

For the month ended January 31  

Work In Progress Inventory, January 1  $334,600

Direct Material:    

Material Inventory, Jan 01  $180,000  

Add; Purchases during January $1,375,000  

Cost of Materials available for use $1,555,000  

Less; Material Inventory, Jan 31 (Ending Inventoy) $145,500  

Cost of Direct Materials used in Production  $1,409,500  

Direct Labor $2,260,000  

Factory Overhead:    

Indirect Labor $115,000  

Machinery depreciation $90,000  

Heat, Light and Power $55,000  

Supplies $18,500  

Property Taxes $10,000  

Miscelleneous Costs $33,100  

Total Factory Overhead $321,600  

Total Manufacturing Cost Incurred during January $3,991,100

Total Manufacturing Costs $4,325,700

Less: Work In Progress Inventory, January 31 $290,700

Cost of Goods Manufatured  $4,035,000

b. The cost of goods sold is

= Opening balance of finished goods inventory + cost of goods manufactured - ending balance of finished goods inventory

= $675,000 + $4,035,000 - $715,000

= $3,995,000

What do you think a speaker can do to establish themselves as credibile and trustworthy?

Answers

Answer:

Speakers who make direct eye contact with the audience tend to appear as more trustworthy. Delivering speeches fluently by practicing beforehand can enhance a speaker's credibility.

Explanation:

Answer:

Speakers who make eye contact with the audience appear more open, trustworthy, and confident. Even if you are reading from a script or consulting cue cards, look up frequently to maintain your connection with the audience. Speak loudly, clearly, and confidently.

Hope this helps, have a wonderful day/night, and stay safe!

Assume the economy of Ucheland is currently at full employment. The government of Ucheland reduces the tax rate on household interest earnings.

a. What will happen to private savings in Ucheland?
b. Draw a correctly labeled graph of the loanable funds market, and show the effect of the change in private savings identified in part (a) on the equilibrium real interest rate.

Answers

Answer:

a) since the tax rate oh household interest earnings increases, the number of households that will save money will increase, and the households that were already saving money might increase the amount saved. As a result, private savings will increase in Ucheland.

b) see attached image

'Structural unemployment arises from longer term changes in
the demand for and supply of labour in specific industries?

Select one:
True
False

= False ​

Answers

Answer:

It’s False

Explanation:

Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into three activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 25 days of the project and to bring in $25,000. Even though we are 30 days into the project, we still see that we have only 90 percent of this activity complete. The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35. We estimate that, even though we should have 83 percent (25/30) of this activity complete, it is actually only 50 percent complete. This part of the project was scheduled to bring in $150,000 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $50,000. So far, $175,000 has actually been brought in on the project.
Calculate the Schedule Variance, Schedule Performance Index, and Cost (actually value in this case) Performance Index. How is the project going? (Hint: Note that this problem is different since revenue rather than cost is the relevant measure. Use care in how the measures are interpreted.)

Answers

Answer:

1. schedule variance = -$52,500

2. SPI = 0.65

3. CPI = 0.56

Explanation:

to get the solution, we calculate for BRWS and BRWP

first we calculate the budgeted revenue of the work scheduled for each activity using this formula:

budgeted revenue * planned completion

A = 25,000 x 100percent

= $25000

B = 150,000 x (25/30) percent

= $125000

C = 50000 x 0percent

= 0$

total = $25000+$125000+$0

= $150000

Next we calculate budgeted revenue of work performed (brwp)

calculated using this formula:

budgeted revenue x actual completion

A = 25000 x 90percent

= 22500 dollars

B = 150000 x 50percent

= $75000

C = 50000 x 0%

= $0

total = 22500 + 75000 + 0

= $97500

1. schedule variance = BRWP - BRWS

= $97500 - $150000

= -$52500

we have a negative schedule, telling us that the project is behind schedule

2. schedule performance index = revenue of work performed divided by revenue of work schedule

= 97500/150000

= 0.65

3. cost price index = revenue of work performed divided by actual revenue

= 97500/175000

= 0.56

4. how the project is going:

the schedule performance index (SPI) is 0.65 which is less than 1. this is to say that the project is doing better than planned revenue when we talk of revenue

The job satisfaction of an employee
is depending on the
Select one:
a. Behaviour
b. Attitude
c. Employer
d. Personality

= Attitude ​

Answers

Answer:

Job satisfaction depends on several different factors such as satisfaction with pay, promotion opportunities, fringe benefits, job security, relationship with co-workers and supervisors, etc. ... Factors affecting the level of job satisfaction are; Working Environment.

ATTITUDE

Job satisfaction and also organizational responsibility are two key attitudes that are considered applicable to important outcomes. The Correct option is 'B'.

What is Job Satisfaction?

Job Satisfaction is the essential segment of employee motivation and motivation towards more satisfactory interpretation.

Many people have determined job satisfaction and memorialized that most employees have issues with their leader who is not presenting them the consideration they deserve.

Supervisors also conduct harsh behaviors toward workers due to which they are not satisfied sharing good and creative ideas with their leaders.

Job satisfaction relies on several different elements such as satisfaction with pay, fringe benefits, promotion opportunities, relationship with co-workers job security, supervisors, etc.

Elements affecting the status of job satisfaction are; Working Environment.

Therefore, The correct option is 'B' ATTITUDE.

Find more information about Job Satisfaction here:

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You are the product manager for Vita-Joy, a consumer product with a retail price of $1.00. Retail margins on the product are 33%, while wholesalers take a 12% margin. Using the indicated supply chain, fill in the yellow boxes with dollar amounts. (Hint: Variable costs at one link of the chain become the price at a previous link in the chain. Begin your Vita-Joy calculations with the customer and move backwards; do not start with the company and move forward).
Variable manufacturing costs for Vita-Joy are $0.09 per unit. Fixed manufacturing costs are $900,000. The advertising budget for Vita-Joy is $500,000. Your salary and expenses total $35,000. Salespeople are paid entirely by a 10% commission. Shipping costs, breakage, insurance, and so forth are $0.02 per unit.
Now answer the following:_______.
1. By filling in the yellow and green boxes, determine the contribution per unit for Vita-Joy.
2. What is Vita-Joy's breakeven point?

Answers

Answer and Explanation:

The computation is shown below;

a. Contribution Unit for vita Joy  

Retail Price $1.00      

Retail Margin 33%      

Retail Profit $0.33 (1.00 × 33%)    

Retail Cost $0.67 (1 - 0.33)    

Wholesale Margin 12%      

Wholesale Profit $0.08 (0.67 × 12%)    

Wholesale Cost $0.59 (0.67 - 0.08)    

Manufacturers Selling Price per unit $0.59      

Variable manufacturing cost per unit $0.09      

Variable cost of commission per unit $0.06 (10% × 0.59)    

Variable shipping cost brokerage etc $0.02      

Total Variable cost per unit $0.17 (0.09+0.06+0.02)    

Unit contribution of vita joy $0.42 (0.59 - 0.17)    

2 Now Break even point in unit is

= Total Fixed Costs ÷  Contribution units  

where,

Total fixed cost is

Fixed Manufacturing Cost $900,000      

Advertising cost $500,000      

Product manager's Salary and expenses $35,000      

Total Fixed Costs $1,435,000      

And, the contribution units is $0.42

So the break even point is      

= $1,435,000 ÷ $0.42

= 3,416,667 units

According to the video, what are some common tasks for Social and Human Service Assistants? Check all that apply.

helping people reach social and healthcare services
providing grooming services for people
helping people care for their children and pets
determining whether people are eligible for benefits and services
helping clients fill out forms
providing spiritual and religious guidance for people

Answers

Answer:

A,D,E

Explanation:

Answer:

A,D,E

Explanation:

Suppose that there are 10 million workers in Canada and that each of these workers can produce either 2 cars or 30 bushels of wheat in a year.

Required:
a. What is the opportunity cost of producing a car in Canada? What is the opportunity cost of producing a bushel of wheat in Canada? Explain the relationship between the opportunity costs of the two goods.
b. Draw Canada’s production possibilities frontier. If Canada chooses to consume 10 million cars, how much wheat can it consume without trade?
c. Now suppose that the United States offers to buy 10 million cars from Canada in exchange for 20 bushels of wheat per car. If Canada continues to consume 10 million cars, how much wheat does this deal allow Canada to consume? Should Canada accept the deal?

Answers

Answer:

A) Opportunity Cost = 1/15 or 0.067 car per wheat

B) PPC downward sloping concave curve, with cars & wheat axis intercepts = 20 & 300 (resp). 15M bushels consumption with 10M cars

C) 1 Car : 20 bushels wheat is not beneficial deal

Explanation:

A) Opportunity Cost is the cost of next best alternative foregone while choosing an alternative.

As 20 million cars or 300 million bushels wheat can be produced, opportunity cost of a bushel wheat is 20 M /300 M ie 0.067 units car .  

B) Production Possibility curve curve shows 2 product combinations, that an economy can produce with given resources & technology. Given fixed resources & technology, goods are inversely related & so curve downward sloping. And, it is concave due to increasing Marginal Opportunity Cost.

Canada's PPC is downward sloping concave curve, with intercept = 20M on axis of cars & intercept = 300M on axis of wheat. If Canada consumes (& produces) 10 million cars, it can consume 15M bushels of wheat

C) Domestic Car : Wheat trade off ratio is = 20M : 300M ie 1: 15 . So, Trade of 20 bushels wheat per car is not beneficial for Canada. As, it is higher than domestic sacrifise ratio of 15 bushels wheat per car.

Alice lived with her parents in F-2 immigration status in the United States from August 2010 to June 2012. She returned to the U.S. to attend college in F-1 immigration status on May 1, 2019. Alice does not need to file Form 8843 for 2020.
A. True
B. False

Answers

Answer:

B. False

Explanation:

According to the rules guiding the F-1 visa holders, all "non-residents for tax purposes are required to file Form 8843."

So Alice entering into the U.s with F-1 status implies that she'll be treated as a "non-resident", therefore she would need to file Form 8843 for 2020.

The following cash transactions occurred during the period. INTEREST RECEIVED IN CASH $18,000
PAYMENT OF WAGES TO EMPLOYEES $35,000
PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000
DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000
Fill in the statement of cash flows on the left following US GAAP. Use the direct method for calculating cash flow from Operating Activities.
ACCORDING TO US GAAP
OPERATING ACTIVITIES
SOURCES: ?
(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000
INVESTING ACTIVITIES
SOURCES: ?
(USES:) ?
FINANCING ACTIVITIES
SOURCES: ?
(USES:) ?

Answers

Answer:

OPERATING ACTIVITIES

SOURCES: INTEREST RECEIVED IN CASH $18,000, the company receives money

(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, the company pays wages

INVESTING ACTIVITIES

SOURCES: NONE

(USES:) PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000  , the company pays for the equipment

FINANCING ACTIVITIES

SOURCES: NONE

(USES:) DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000, the company pays dividends

What is the purpose of preserving historical data?
A.
legal compliance
B.
recruitment
C.
leave sanctions
D.
payroll

Answers

Answer:

What is the purpose of preserving historical data?

A.legal compliance

Increase cost and tend to place less
experienced employee in job is due
High rate of:
Select one:
a. Absenteeism
b. Strikes
c. Training
d. Employee Turnover

= Employee Turnover​

Answers

Answer:

Employee Turnover​ it is.

Explanation:

A has nothing to do with this.

B only affects one person.

C isnt a negative effect.

Increase cost and tend to place less experienced employee in job is due high rate of Employee Turnover Option(d) is correct.

What is Employee turnover?

With regards to HR, turnover is the demonstration of supplanting a representative with another worker. Partings among associations and representatives might comprise of end, retirement etc.

Employee turnover alludes to the complete number of laborers who leave an organization throughout a specific time span. It incorporates the individuals who exit willfully as well as employees who are terminated or laid off — that is, compulsory turnover. Turnover is not quite the same as steady loss.

Causes incorporate issues with the organization's way of life, its advantages and remuneration structure, its profession way and preparing, administrators and considerably more. High deliberate turnover influences benefit and, frequently, consumer loyalty. On the substantial side, enrolling new people is exorbitant.

When in doubt, employee degrees of consistency of 90% or higher are viewed as great and an organization ought to hold back nothing pace of 10% or less.

Therefore Option(d) is correct.

Learn more about employees here:

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#SPJ6

if the price of good increases from the £10to £12 and at the same time the quantity demanded falls from 100units to 90 units the price of elasticity will be​

Answers

Answer: -0.5

Explanation:

The price elasticity of demand is calculated as :

= % change in quantity demanded / % change in price.

% change in quantity demanded = (90 - 100) / 100 × 100 = -10%

% change in price = (12 - 10) / 10 × 100 = 2/10 × 100 = 20%

Price elasticity of demand = -10% / 20% = -0.5

If Investment A has an effective annual rate (EAR) that is greater than Investment B's EAR, it is possible for Investment A's annual percentage rate (APR) to be less than Investment B's APR.

a. True
b. False

Answers

Answer: True

Explanation:

It is indeed possible for Investment A's annual percentage rate (APR) to be less than Investment B's APR but the only way that Investment A can have a higher EAR is if it has more compounding periods in the years.

For instance, assume Investment A has an APR of 25% to be compounded daily and Investment B has an APR of 26% to be compounded semi-annually, their EARs would be:

EAR A = (1 + 25%/365)³⁶⁵ - 1

= 28.4%

EAR B = (1 + 26%/2)² - 1

= 27.7%

Proving that APR can be less but EAR will be more.

Grain Farm Inc. files a suit against Harvest Services. Before the court can exercise jurisdiction over Harvest, the court must have proof that :_____.
a. Grain Farm did not act to precipitate a dispute with Harvest.
b. Grain Farm is prepared to notify Harvest of the suit.
c. Harvest was notified of the suit.
d. Harvest committed the act of which Grain Farm complains.

Answers

Answer:

C)Harvest was notified of the suit.

Explanation:

From the question, we are informed about Grain Farm Inc. that files a suit against Harvest Services. In this case, Before the court can exercise jurisdiction over Harvest, the court must have proof that Harvest was notified of the suit. jurisdiction as regards to law can be explained as the right a case has over a particular subject matter. And all categories of court can exercise this power to adjudicate cases

When Sarafina deposits money in an IDA, _____.


it earns the highest interest rates available at a bank

it is good for the government

an organization matches the amount she deposited

the interest on the account is not taxed

Answers

Answer:

an organization matches the amount she deposited

Explanation:

An individual development account ( IDA) is a special program account that assists low-income groups and other marginalized groups achieve financial stability. An IDA helps these individuals save for education, purchase a home or start a business.

With an IDA, the contributions individuals make are matched by the state or other donor projects. The matching initiative serves as an encouragement to the target group to save and attain financial stability.

In a competitive market, the quantity of a product produced and the price of the product are determined by
a. a single seller
b. all buyers and all sellers
c. a single buyer
d. one buyer and one seller working together

Answers

Answer:

b. all buyers and all sellers

Explanation:

In a competitive market, the quantity of a product produced and the price of the product are determined by

b. all buyers and all sellers

If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?

Select one:
a. $8.5 trillion
b. $4.68 billion
c. $4.68 trillion
d. $5.68 billion

= 4.68 billion​

Answers

Answer:

c. $4.68 trillion

Explanation:

Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.

The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

If the velocity of money is 3, narrow money circulates three times,  meaning the value of GDP will be the velocity of money multiplied by narrow money

=3 x 1.56 billion

=4.68 billion

there’s 15 questions and this is 5.

Answers

I believe the answer is preparing a list of vegetables to purchase. That’s the only option that makes sense with his job.

The Kissel Trucking Company Inc. has a defined benefit pension plan for its employees. At December 31, Year 1, the following information is available regarding Kissel's plan:

Fair value of plan assets $30,000,000
Present value of defined benefit obligation 38,000,000
Service costs 4,000,000
Interest costs 1200,000
Actuarial gains 150,000
Past service costs 375,000

Required:
Determine the amount that Kissel will report on the balance sheet as of December 31, Year 1, for this pension plan under IFRS.

Answers

Answer:

Under IFRS, net defined benefit liability is reported in balance sheet when Present value of defined benefit obligation (PVDBO) exceeds Fair value of plan assets(FVPA) which results in deficits.

In this case, PVDBO exceeds FVPA, then the difference betwen the two ix the net defined benefit liability.

Difference of PVDBO and FVPA = $38,000,000 - $30,000,000 = $8,000,000. Hence, net defined benefit liability reported in the balance sheet is $8,000,000.

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