Which of the Following Factors Does Not Determine the Accrual

question 54

Multiple Choice

Which of the following factors does not determine the accrual rate in defined contribution plans? (Defined Contribution Plans)

• A)Benefits equal balance in the account
• B)Company cannot set maximum age limits for discontinuing contributions
• C)Company's contribution cannot be reduced because of employee age
• D)Benefits exceed the balance in the account

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Definitions:

Externality Hypothesis

A theory suggesting that individuals attribute their success to internal factors and failures to external factors, often explored within the context of social psychology and self-perception.

Principle Homeostasis

The regulatory principle that organisms maintain a stable internal environment despite external changes.

Hierarchy Needs

A theory in psychology, proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, which form a hierarchy.

Self-actualization

The realisation or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.