Which of the Following Is an Example of a Defined-Contribution

question 38

Multiple Choice

Which of the following is an example of a defined-contribution pension plan?

• A) Consumer-driven pension plan
• B) Money purchase plan
• C) Cost-sharing plan
• D) Flexible spending account plan
• E) Unfunded PBGC plan

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Definitions:

Failing An Exam

The outcome of achieving a score below the required minimum to pass an academic or professional examination.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) that produce uneasiness, apprehension, or worry, and repetitive behaviors (compulsions) aimed at reducing these feelings.

Panic Attacks

Sudden episodes of intense fear or discomfort, accompanied by physical and psychological symptoms such as heart palpitations, trembling, and feelings of impending doom, often occurring suddenly and without warning.

Social Phobia

is an anxiety disorder characterized by an excessive and unreasonable fear of social situations, leading to avoidance of such settings and significant distress.