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If the Amount Paid to the Defined Contribution Fund by an Entity

question 20

Multiple Choice

If the amount paid to the defined contribution fund by an entity during the year is less than the amount payable in relation to service provided by employees, the entity must recognise:

Distinguish between different theoretical approaches in psychology, focusing on humanistic, behaviorist, psychoanalytic, and cognitive perspectives.
Recognize the importance of unconditional love and acceptance by parents in a child's development of self-concept and personality.
Understand the concept of congruence and incongruence in self-perceptions and evaluations according to Carl Rogers.
Comprehend the role of internal and environmental factors in shaping personality, as seen in humanistic psychology.

Definitions:

Back-end Load

A fee paid by an investor when shares are sold, typically used in mutual funds, where the fee decreases over time the investment is held.

Annual Fees

Refers to the yearly charges associated with having an account, typically found in credit cards or investment accounts, to cover account management services.

12b-1 Fees

These are annual fees charged by a mutual fund to cover marketing, distribution, and sometimes administrative expenses, directly reducing the fund's return to its investors.

Management Expenses

These are fees paid out of fund assets to the fund manager for investment management and operational services, including administrative and overhead costs.

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