Which of the Following Statement Is Incorrect

question 4

Multiple Choice

Which of the following statement is incorrect?

• A) In defined benefit funds, the final payment is defined in advance.
• B) In defined contribution (or accumulation) funds, the investment risk is borne by the members.
• C) In defined contribution (or accumulation) funds, the member's contribution is defined and the final benefit depends on the fund's investment performance.
• D) None of the above.

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Definitions:

Nonverbal Communication

The transfer of information through body language, facial expressions, and other physical manners without spoken words.

Outcome Coordination

The process of aligning the outcomes of various stakeholders to ensure mutual benefit or agreement.

Achieving

The process of successfully reaching a goal or completing a set objective through effort, skill, or courage.

Negotiation

A process where two or more parties with differing needs and goals discuss an issue in order to reach a mutually acceptable solution.