Which of the Following Statements Is True Regarding a Defined

question 63

Multiple Choice

Which of the following statements is true regarding a defined contribution pension plan?

• A)The pension benefits to be received by the employee during retirement are defined in the plan.
• B)Defined contribution plans are the most popular type of pension plan for large corporations.
• C)Defined contribution plans do not define the required benefits that must be paid to retired employees.
• D)Employers that use defined contribution plans are assuming more risks than employers that use defined benefit plans.

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Definitions:

Beta Waves

Brain wave patterns associated with active consciousness, alertness, and cognitive processing.

Evolutionary Roots

The fundamental aspects or beginnings of something that can be traced back to its origin in the evolutionary history of a species, highlighting how traits or behaviors have been shaped by natural selection.

Consciousness

A state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Anaesthesia

A medical practice used to prevent pain during surgery by making a patient unconscious or numbing a part of the body.