Which of the Following Is a Company Pension Plan That

question 1

Multiple Choice

Which of the following is a company pension plan that guarantees a certain benefit to retirees regardless of market conditions?

• A) defined benefit plan
• B) money purchase plan
• C) defined contribution plan
• D) Canada Pension Plan

---

Definitions:

Management By Exception

A management strategy where leaders only intervene in decision-making when performance metrics fall outside of accepted boundaries or standards, allowing for more autonomous operations.

Authentic Leader

A leadership style characterized by self-awareness, transparency, integrity, and a focus on building trust and credibility among followers.

Extrinsic Rewards

Rewards given to an individual from an external source, such as money, prizes, or recognition, serving as an incentive for achieving certain goals.

Authentic Leadership

A leadership style emphasizing transparency, ethics, and openness, with leaders being true to themselves and their values.