Which of the Following Statements About the Employee Retirement Income

question 80

Multiple Choice

Which of the following statements about the Employee Retirement Income Security Act (ERISA) is accurate?

• A)ERISA does not impose fiduciary duties on pension fund managers.
• B)ERISA does not allow pension plan participants to sue employers.
• C)ERISA does not require employers to establish or fund pension plans.
• D)ERISA does not guarantee employee participation in pension funds.

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Definitions:

Book Value Per Share

The equity available to common shareholders divided by the number of outstanding shares, indicating the value of a company's shares based on its financial statements.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.

Dividend Payout Ratio

A financial metric that calculates the percentage of net income distributed to shareholders in the form of dividends.

Total Stockholders' Equity

The total net worth of a company according to its balance sheet, calculated as total assets minus total liabilities.