Advantages of Defined Contribution Plans Versus Defined Benefit Plans Include

question 10

Multiple Choice

Advantages of defined contribution plans versus defined benefit plans include all of the following except:

• A) vesting is usually faster.
• B) pre-retirement contributions are smaller.
• C) pension costs are more predictable.
• D) employee mobility is facilitated.

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Definitions:

Web Services

Systems engineered for interoperable interaction between machines via a network, allowing various applications to interact.

New Applications

Newly developed software programs or tools designed to perform specific tasks or solve new problems, enhancing productivity or providing innovative services.

Public Cloud

A cloud computing model where services are provided over the internet by third-party providers to the general public or large industry groups.

IaaS

Infrastructure as a Service, a cloud computing service model that provides virtualized computing resources over the internet.