After Working for 52 Years as an Accountant in a Government

question 42

Multiple Choice

After working for 52 years as an accountant in a government agency in the state of Virginia, Angela retires from her job. On retirement, she receives a sum of $63,000, which had been accumulated over the entire period of her service. In this case, the employee-contribution retirement plan that Angela benefits from is the _____.

• A) 403(b) plan
• B) 457 plan
• C) HR10 plan
• D) 401(k) plan

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Definitions:

Superordinate Goals

Objectives that require cooperation between two or more groups or individuals, often used to resolve conflicts by creating a shared purpose that outweighs individual or group conflicts.

5P Checklist

An approach focusing on People, Process, Product, Place, and Price to evaluate and improve business strategies or project plans.

Change Agents

Individuals or groups tasked with facilitating change within an organization, often by implementing new processes, technologies, or cultural shifts.

Preparation

The action or process of making ready or being made ready for use or consideration.