Which of the Following Statements Regarding Defined Benefit Plans Is

question 101

Multiple Choice

Which of the following statements regarding defined benefit plans is false?

• A)The benefits are based on a fixed formula.
• B)The vesting period can be based on a graded or cliff schedule.
• C)Employees bear the investment risks of the plan.
• D)Employers are generally required to make annual contributions to meet expected future liabilities.

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Definitions:

Toothpaste

A paste or gel used with a toothbrush to clean and maintain the aesthetics and health of teeth.

Toothbrushes

Oral hygiene instruments consisting of a small brush on a handle used to clean teeth.

Acquires

Acquires pertains to obtaining ownership or control of something, often referring to companies taking over other businesses.

Manufacturer

A company or individual engaged in the production of goods for sale using raw materials and components.