Which of the Following Statements About Trust Fund Plans Is

question 27

Multiple Choice

Which of the following statements about trust fund plans is (are) true?
I.The trustee typically purchases annuities for retiring employees.
II.The trustee guarantees the adequacy of the fund to pay the promised benefits.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Poor Listening Habits

Bad practices in listening that hinder effective communication, such as interrupting, not paying attention, or jumping to conclusions.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said during communication.

High-Context Cultures

Societies where communication is heavily reliant on context, nonverbal cues, and the relationships between speakers rather than explicit words.

Low-Context Culture

A culture in which a written agreement, such as a contract, can be taken at face value.