Which of the Following Statements Is True

question 75

Multiple Choice

Which of the following statements is true?

• A) Since the 1990s, assets of superannuation funds outside life insurance offices have grown much slower than life insurance office funds.
• B) Assets in defined benefit schemes have experienced greater growth than assets in accumulation schemes.
• C) The introduction of the Superannuation Guarantee Charge (SGC) policy in 1992 resulted in rapid growth in Australia's superannuation industry throughout the 1990s.
• D) Industry superannuation funds are regulated superannuation entities with more than ten members that provide benefits for employees working in the same industry.

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Definitions:

Justice

A principle or concept of moral rightness based on ethics, law, fairness, and equity that also seeks punishment for those who breach these ideals.

Utilitarianism

An ethical theory that determines right from wrong by focusing on outcomes and the greatest happiness for the greatest number of people.

Immunization Injections

Procedures involving the introduction of vaccines into the body to induce immunity against specific diseases.

Duty Ethics

An ethical framework that emphasizes the importance of following a set of prescribed moral rules and duties in determining right action.