A Major Difference Between Defined Benefit Pension Plans and Defined

question 56

Multiple Choice

A major difference between defined benefit pension plans and defined contribution pension plans is that

• A) In defined benefit plans, the risk of loss is borne primarily by the employer.
• B) Accounting for defined benefit plans is much simpler than accounting for defined contribution plans.
• C) Employees generally are required to contribute to defined contribution plans but not to defined benefit plans.
• D) There is no major difference between the two kinds of pension plans.

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Definitions:

Bullies

Individuals who intentionally inflict physical, emotional, or psychological harm on others, typically to assert dominance or control.

Reactive Aggression

Aggressive behavior that is displayed in response to a perceived threat or frustration.

Rules of the Game

Established guidelines or principles that determine how a particular game or activity is conducted and played.

Moral Reasoning

The process through which individuals make decisions about what is right and wrong, often influenced by their cultural, societal, and personal values.