Which of the Following Statements Is (Are)true Regarding Cash-Balance Pension

question 39

Multiple Choice

Which of the following statements is (are) true regarding cash-balance pension plans?
I.Cash balance plans are defined contribution plans.
II.Under a cash balance plan,the employer creates an investment account for each employee into which the employer makes actual contributions and allocates investment gains and losses.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

Identify various forms of workplace deviance and their implications.

Explain the concept of work-family spillover and its effects on employees’ lives.

Recognize the factors contributing to organizational commitment.

Understand the principles of reward allocation and their impact on performance.

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Definitions:

New Deal Programs

A series of projects and programs implemented during the 1930s by President Franklin D. Roosevelt's administration to help the United States recover from the Great Depression, focusing on relief, recovery, and reform.

Third World

A term originally used to describe countries not aligned with either the NATO or Communist Blocs, often used now to refer to developing nations.

Colonialism

The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Missile Gap

The claim, raised by John F. Kennedy during his campaign for president in 1960, that the Soviet Union had developed a technological and military advantage during Eisenhower’s presidency.