The Payments Made by the Employer to Fund a Defined

question 93

True/False

The payments made by the employer to fund a defined contribution pension plan create a pension fund asset on the balance sheet of the employer.

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Definitions:

Sikhism

A monotheistic religion that originated in the 15th century in the Punjab region of South Asia, founded by Guru Nanak and continued by successive gurus.

Afterlife

The belief or concept concerning the continuation of existence in some form after death, varying significantly among different religions, cultures, and philosophies.

Agnostic

Someone who thinks it is impossible to know whether gods exist, but does not deny the possibility.

Atheist

A person who does not believe in the existence of a god or any gods.