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

question 14

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 actual account for each employee into which the employer makes contributions and allocates investment gains and losses.

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

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Definitions:

Telepathy

The supposed communication of thoughts or ideas by means other than the known senses.

Difference Thresholds

The minimum difference in stimulation that a person can detect 50 percent of the time, also known as the just noticeable difference (JND).

Absolute Thresholds

The minimum stimulus intensity required to be perceptible to the senses.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time, reducing our awareness of them.