Which of the Following Is NOT a Criterion That an Employer's

question 63

Multiple Choice

Which of the following is NOT a criterion that an employer's annual required contribution must satisfy to be considered acceptable?

• A) It must consist of the employer's normal cost plus a provision for amortizing the plan's unfunded actuarially accrued liability.
• B) Actual assumptions must be in accordance with standards of the Actuarial Standards Board.
• C) Actuarial value of pension plan assets must be based on market values on the financial statement date.
• D) Assumptions as to investment earnings should be based on long-term projections.

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Definitions:

Deterministic Way

An approach that holds all events, including human actions, are ultimately determined by causes external to the will, implying a lack of free will.

Freely Choose

The ability to make choices without external coercion or limitations, emphasizing the concept of free will.

Moral Responsibility

The status of morally deserving praise or blame for actions or decisions, based on the ethical assessment of one's character and conduct.

Post Traumatic Stress Disorder

A psychological condition triggered by experiencing or witnessing terrifying events, characterized by severe anxiety, flashbacks, uncontrollable thoughts, and nightmares.