A Fund That Exists When a Government Is the Trustee

question 86

Multiple Choice

A fund that exists when a government is the trustee for a defined benefit pension plan, or a defined contribution pension plan is an:

• A) Agency fund
• B) Private-Purpose Trust Fund
• C) Investment Trust Fund
• D) Pension Trust Fund

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Definitions:

Continuous Probability Distributions

Mathematical functions that represent the probabilities of all possible values in an unbroken (continuous) range.

Exponential Distributions

A type of continuous probability distribution that is often used to model the time between independent events that happen at a constant average rate.

Uniform Probability Distribution

A continuous probability distribution for which the probability that the random variable will assume a value in any interval is the same for each interval of equal length.

Continuous Random Variable

A Continuous Random Variable is a variable that can take an infinite number of values within a given range.