Which of the Following Incorrect

question 10

Multiple Choice

Which of the following incorrect?
Statements about
Defined contribution plans is

• A) A defined contribution plan places the risk of poor pension portfolio performance on the employee.
• B) In general, employees can choose the investment vehicle under a defined contribution plan. Thus, highly risk-averse employees can choose low-risk investments, while more risk-tolerant employees can choose high-risk investments.
• C) In a defined contribution plan, the employer must make larger-than- average contributions to the pension plan when investment returns have been below expectations.
• D) Defined benefit plans are used more often by large corporations than by small companies.
• E) The PBGC insures a portion of pension benefits.

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Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, facilitating various cellular functions.

Enzymes

Biological molecules that act as catalysts to speed up chemical reactions in the body, essential for numerous metabolic processes.

Biogeographer

A scientist who studies the distribution of species and ecosystems in geographic space and through geological time.