Which of the Following Refers to a Plan in Which

question 87

Multiple Choice

Which of the following refers to a plan in which employees contribute a portion of their earnings to a fund and the employer typically matches the contribution in whole or part?

• A)group investment plan
• B)savings and thrift plan
• C)deferred profit-sharing plan
• D)employee stock ownership plan

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Definitions:

Euro Bills

Short-term debt instruments issued by the European Central Bank and denominated in Euros.

Exchange Rate

Exchange rate is the value of one currency for the purpose of conversion to another, reflecting how much of one currency can be exchanged for a unit of another currency.

U.S. Investor

An individual or entity based in the United States that allocates capital in various financial assets to earn a return.

Fixed Exchange Rate

A country's currency value set and maintained as equal to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.