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- Deferred Annuity On Your understanding please Differentiate Deferred Annuity and Period of Deferral.Transfer payments include i. social security benefits ii. medicare and medicaid benefits iii. unemployment benefits Group of answer choices iii only. ii only. i only. i and iii only. i, ii, and iii.calculate samsam salary after deductions
- Which component of Kensington’s periodic pension cost would be shown in OCI ratherthan P&L?A . Service costB . Net interest (income) expenseC . RemeasurementsThe calculation used by social security to calculate retirement benefits is meant to replace a(n)Contrast accounting for pensions to accounting for other postretirement benefits.
- Accounting for postretirement health care benefits is similar, in most respects, to accounting o O Multiple Choice O Payroll taxes. Health insurance costs for current employees. Pension benefits. Sick pay and vacation pay.Note: For directly to do Part A is Periodic Direct Part B is Perpetual AllowanceAmounts that come from accounts of unvested employees that can be directed/contributed to the accounts of other employees who participate and remain in the plan are known as what? Select one: a. Matching contributions b. Excess contributions c. Forfeitures d. Rollover contributions
- The calculation used by Social Security to calculate retirement benefits is meant to replace a(n) _________of preretirement income for low-income retirees than for high-income retireesRetirement programs, unemployment benefits, financial aid and other expenses that involve transfers of money are considered _________________. a. Capital expenditure b. Consumption c. Utilization d. Transfer paymentsDifferentiate annuity dues and deferred annuities.
