Which of the Following Statements Characterizes Defined Contribution Plans

question 40

Multiple Choice

Which of the following statements characterizes defined contribution plans?

• A) They are more complex in construction than defined benefit plans.
• B) The employer's obligation is satisfied by making the appropriate amount of periodic contribution.
• C) The investment risk is borne by the employer.
• D) Contributions are made in equal amounts by employer and employees.

---

Definitions:

Positive Attitude

An optimistic mindset that focuses on the good aspects of a situation, encouraging constructive responses to challenges or setbacks and promoting overall well-being and success.

Positive Thinkers

Individuals who focus on the good in any situation and maintain a hopeful outlook.

Seek Perfection

The pursuit of achieving flawlessness and the highest standard in tasks, activities, or productions.

Creative Thinker

An individual who has the ability to think in new and imaginative ways, generating innovative ideas and solving problems creatively.