Which of the Following Statements Regarding Defined Benefit Plans Is

question 101

Multiple Choice

Which of the following statements regarding defined benefit plans is false?

• A)The benefits are based on a fixed formula.
• B)The vesting period can be based on a graded or cliff schedule.
• C)Employees bear the investment risks of the plan.
• D)Employers are generally required to make annual contributions to meet expected future liabilities.

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Definitions:

Coercion

The practice of persuading someone to do something by using force or threats.

Resistance to Change

Opposition or reluctance to adapt to new situations, processes, or changes within an organization or environment.

Coercion

The practice of forcing another party to act in an involuntary manner by use of threats or pressure.

Resistance to Change

The act of opposing or struggling with modifications or transformations within organizational processes, technologies, or cultures.