Which of the Following Is a Fiduciary Duty Under ERISA

question 20

Multiple Choice

Which of the following is a fiduciary duty under ERISA?

• A)ensuring that plans operate in accordance with plan documents and ERISA
• B)maintaining the firm's stock in the pension fund assets to minimize the risk of large losses
• C)managing benefit plans and funds solely in the interest of the plan employer
• D)keeping benefit plan costs as low as possible

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Definitions:

Controller Organizer

A system or tool used to manage and organize the operations of controllers in a network or system.

Monitor Tag

In programming and industrial control systems, a label or identifier assigned to a variable or process parameter that is subject to continuous observation or tracking.

Edit Tag

The action or process of modifying an identifier or name in a database, programming environment, or system setup.

XIC Instruction

The XIC (Examine if Closed) Instruction in PLC programming is used to check if a specific input or bit status is true (i.e., on or closed) before executing subsequent instructions.