Deidre Has Five Years of Service Completed as of February

question 92

Multiple Choice

Deidre has five years of service completed as of February 5, 2019, her employment anniversary date.If the defined benefit plan [not a § 401(m) arrangement] uses the cliff vesting schedule, determine Deidre's nonforfeitable percentage.

• A)0%
• B)60%
• C)80%
• D)100%
• E)None of these

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Definitions:

Shift Work

A work schedule involving rotations among different times of the day or night, typically used to cover 24-hour operational periods.

Just-In-Time Delivery

A supply chain management strategy that aligns raw-material orders from suppliers directly with production schedules.

Globalization

The method through which companies or different entities gain international impact or commence activities globally.

Type A

refers to a personality type characterized by high levels of competitiveness, self-drive, and a sense of urgency.