Profit-Sharing Plans and Employee Stock Ownership Plans Are Examples of Defined-Benefit

question 47

True/False

Profit-sharing plans and employee stock ownership plans are examples of defined-benefit plans.

---

Definitions:

Independent

Characterized by autonomy and self-sufficiency, not influenced or controlled by others in matters of opinion, conduct, or dependence.

Verbal Appellation

The act of naming or labeling something or someone using spoken words.

Manipulation

The act of controlling or influencing others in a skillful but often unfair or deceptive way.

Verbal Abuse

The use of words to cause harm to a person, involving insults, threats, or overly critical comments.