Which of the Following Is True of Defined Benefit Plan

question 35

Multiple Choice

Which of the following is true of defined benefit plan?

• A)It makes the employee bear the risks associated with changes in inflation and interest rates.
• B)It does not require managing of surplus or deficit in pension fund.
• C)It is more favourable to short-term employees.
• D)It allows employer costs to be known up front.
• E)It provides an explicit benefit which is easily communicated.

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Definitions:

Fitness Level

A measure of an individual's physical health and abilities, often based on factors like strength, endurance, and flexibility.

Assemble Equipment

The process of putting together all necessary tools and devices required for a specific task or procedure.

Monitor Progress

The act of regularly assessing and documenting the advancement or change in a project, health status, or other ongoing activities.

Center of Gravity

The point in an object where its mass is concentrated, and around which its weight is evenly dispersed when in a uniform gravitational field.