Which of the Following Is a Characteristic of Most Cash

question 30

Multiple Choice

Which of the following is a characteristic of most cash balance plans?

• A) Cannot be converted from traditional pension plans
• B) Ineffective at retaining younger employees
• C) Higher retirement income than traditional pension plans
• D) Time-consuming recordkeeping required

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Definitions:

Cashier

An employee who handles transactions with customers, typically in a retail environment.

Gun

A weapon incorporating a metal tube from which bullets, shells, or other projectiles are propelled by explosive force.

Immunity

Protection against legal action or from disease; in legal contexts, it often refers to exemption from prosecution.

Information

A formal accusation or complaint (without an indictment) issued in certain types of actions (usually criminal actions involving lesser crimes) by a law officer, such as a magistrate.