Which of the Following Variables Offers the Most Likely Explanation

question 8

Multiple Choice

Which of the following variables offers the most likely explanation for the decrease in popularity of "defined benefit plans" by employers in Canada?

• A) They provided poor returns on pension plan investments, and longevity of employees increased.
• B) Defined benefit plans are simply not popular among employees.
• C) They help organizations plan more accurately; hence, they make it easier to fund these liabilities.
• D) Employers believe defined contribution plans are much more unpredictable from a funding perspective.

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Definitions:

Moral Principles

Fundamental beliefs about what is right and wrong that guide ethical behavior.

Duty

Duty refers to a moral or legal obligation to perform or refrain from performing a certain action.

Virtue

is a moral excellence or commendable trait, such as honesty or kindness, that is valued as a foundation of good moral being.

Ethical Person

An individual who consistently acts with integrity and follows moral principles in their decisions and behaviors.