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ACC 423 Week 4 Complete Work( Assignment – Dqs And Weekly Summary) – A Graded ACC 423 Week 4 Individual Assignment Assignments From the Text ACC 423 Week 4 Learning Team Assignment Assignments From the Text ACC 423 Week 4 Problem Presentation P19-7 Week 4 Summary This week’s topics were regarding pension plans. The two types of pension plans discussed were the defined contribution plan and the defined benefit plan. What was great to me about the class discussions is that, though most class mates would have preferred for themselves the defined benefit plan, they would choose the defined contribution plan if they were the employer. This showed me that the information provided in our chapter reading taught us all enough to understand that though we might want the best for ourselves, if we were business owners we would use the best methods available to make our business’ profitable. Week 4 DQ1 What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, would you rather have a defined contribution plan or a defined benefit plan? Why? As an employer, would you rather offer a defined contribution plan or a defined benefit plan? Why? Week 4 DQ2 What are the components of pension expense? How is the interest rate determined? Why are prior service costs amortized? How do the components of pension expense differ among the various types of contribution and benefit plans? Week 4 DQ3 Read one of the articles from the selected readings (or you may choose a current article relevant to this week’s topic). How does the article relate to this week’s topics? What are your thoughts? (Don’t forget to identify the article you read.)
