Examlex
Which of the following is not an advantage of the divisional structure?
Profit-sharing Plan
A retirement plan that gives employees a share in the profits of the company. Each employee receives a percentage of those profits based on the company's earnings.
Defined-benefit Plans
Retirement plans that promise a specific pension payment upon retirement, based on salary and years of service.
Definitely Determinable Benefits
Benefits from a pension plan or retirement account that are calculable and guaranteed based on factors like salary history and years of service.
Coverdell Education Savings Account
A tax-advantaged savings account designed to pay educational expenses, including tuition, fees, books, and supplies.
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