The Major Distinction Between the Unit and Flat Defined Benefit

question 26

True/False

The major distinction between the unit and flat defined benefit formulas is the use of the employee's years of service. (Defined Benefit Plans)

---

Definitions:

PLC Control

PLC (Programmable Logic Controller) control refers to the automation of machinery and processes using a specialized computer that executes instructions for logical operations, sequencing, timing, counting, and arithmetic to control machines and processes.

Desired Value

The target or setpoint value that a system or process aims to achieve or maintain.

LED Display

A flat panel display that uses light-emitting diodes as pixels for a video display, common in consumer electronics and advertisement boards.