On January 1, Oil Trading Co.’s defined benefit pension plan had plan assets with a fair value of $850,000, and a projected benefit obligation of $775,000. In addition:  Actual and expected return on plan assets – [x]% Interest cost – [y]% Service costs – $[a] Unamortized prior service cost – $[w] Employer contributions to the plan – $[b] Distributions to employees from the plan – $[c]  Assuming that amortization of prior service cost is $[d], how much will Oil Trading Co. recognize as pension expense for current year?  

Pension data for Manu Services Inc. include the following: Discount rate [x]% Expected return on plan assets [y]% Actual return on plan assets [z]%     Service cost, 2023 [a] Accumulated benefit obligation   1/1/23 [b] Projected benefit obligation   1/1/23 [c] Plan assets (fair value) 1/1/23 [d] Prior service cost–AOCI 1/1/23 [f] Net gain–AOCI 1/1/23 [g] 2023 Cash contributions to pension   fund [h] 2023 Benefit payments to retirees [i]   On average, employees’ remaining service life with the company is 10 years  When recording the pension expense for 2023 for Manu, Plan Assets will be debited for  $_________

On January 1, 2023, Derek Co.’s defined benefit pension plan has an unamortized prior service cost – $[a].  The unamortized prior service cost is being amortized over the expected remaining service lives of covered employees, which consists of a total of 11 employees: 4 employees are each expected to have 6 years remaining 4 employees are each expected to have 5 years remaining 3 employees are each expected to have 2 year remaining  How much amortization of prior service cost will be included in Derek Co.’s pension expense for 2023?  

Pension data for Manu Services Inc. for the current year include the following: Discount rate [x]% Expected return on plan assets [y]% Actual return on plan assets [z]%     Service cost [a] Accumulated benefit obligation   Jan 1 [b] Projected benefit obligation   Jan 1 [c] Plan assets (fair value) Jan 1 [d] Prior service cost–AOCI Jan 1 [f] Net gain–AOCI Jan 1 [g] Cash contributions to pension fund [h] Benefit payments to retirees [i]  On average, employees’ remaining service life with the company is 10 years  When recording the pension expense for the current year for Manu, Pension Expense will be debited for  $_________ (Do not use the corridor rule )

Robinson Industries has a defined benefit pension plan that specifies annual retirement benefits equal to: [x]% x Service years x Final Year’s salary Patty Mills was hired by Robinson 15 years ago. Mills is expected to retire after 40 years of service. His retirement is expected to span 20 years. At the end of the current year, his salary is $[a]. The company’s actuary projects Mills’ salary to be $[b] at retirement. The actuary’s discount rate is 8%.   PVA Factors PVA, n=15, i=8%      8.55948 PVA, n=20, i=8%      9.81815 PVA, n=25, I -8%      10.67478   PV Factors PV, n=15, i=8%        .31524 PV, n=20, i=8%        .21455 PV, n=25. I =8%       .14602     Suppose Robinson’s pension plan permits a lump-sum payment at retirement in lieu of annuity payments. Determine the lump-sum equivalent as the present value as of the retirement date of annuity payments during the retirement period. _________________

Twyla owns Café Tropical, a small diner where she is also manager and server. As a small business owner, Twyla oversees the day-to-day operations of Café Tropical. Given the nature of serving in a diner, she has many daily interactions with customers and has developed personal relationships with several of them. She loves being a business owner and serving people. You administered an assessment based on Holland’s theory to Twyla, finding that her top two Holland codes are ___ (word, not letter) _______ and ___ (word, not letter). _______ Given Twyla’s two Holland codes above, the two Holland codes that have the least amount of consistency with Twyla’s two Holland codes are ___ (word, not letter) _______ and ___ (word, not letter). _______

David is in his early 20s. He briefly worked as a clerk at a grocery store, then as a sales associate at a clothing store. He is now entertaining the notion of opening his own store of high-end personal care items. You consider David’s experience through Super’s model, and decide he is in the ___ life stage. _______

What is the theoretical underpinning of vocational evaluation, the theory on which it is based?

Name one assessment based on Holland’s theory of types. _______

What problems with hemostasis might a person have if they have hemophilia? (Give at least 2 reasons)