Which of the Following Is NOT an Element of the Employment

question 75

Multiple Choice

Which of the following is NOT an element of the Employment Retirement Income Security Act (ERISA) ?

• A)Employers are required to keep pension plan assets separate from assets of the business.
• B)An SPD that must be provided to employees that explains how the retirement plan works in plain language.
• C)It established the PBGC.
• D)Individual Retirement Accounts (IRAs)were established.
• E)Employees whose pension plans failed receive a minimum benefit.

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Definitions:

Date/Time

A data type in programming, databases, and spreadsheets used to represent dates and times.

Currency

A field type in databases designed to store monetary values, ensuring accuracy and precision for financial calculations.

Compacting

The process of reducing the size of a file or database by eliminating unused space, thereby improving performance and efficiency.

Repairing The Database

The process of fixing issues and restoring a database to a correct, functioning state, often involving the repair of corrupted data.