In Recent Years Defined Contribution Plans Have Grown Faster Than

question 44

Multiple Choice

In recent years defined contribution plans have grown faster than defined benefit plans in which of the following areas?
I. Fund assets
II. Number of funds
III. Number of plan participants

• A)I only
• B)I and II only
• C)II and III only
• D)I,II,and III
• E)II only

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Definitions:

Attribution Biases

Refers to the systematic errors made when people evaluate or try to find reasons for their own and others' behaviors.

Criticizing Performance

involves providing feedback on an individual's work or actions with a focus on areas of improvement, aiming to foster development and enhance performance.

Vague

Lacking clarity or preciseness in thought or expression, resulting in ambiguity or obscurity of meaning.

Specific

Clearly defined or identified; particular and distinct.