A Positive Aspect of Defined-Benefit Plans Is That

question 44

Multiple Choice

A positive aspect of defined-benefit plans is that

• A)they are more transferable than defined-contribution plans.
• B)they generally permit earlier vesting than defined-contribution plans.
• C)the funds are out of reach of corporate creditors.
• D)there is more certainty about the amount of the benefit than with defined-contribution plans.

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Definitions:

Dependent Variable

In statistical modeling, the variable that is being studied and predicted, and whose variation is assumed to depend on other variables.

Independent Variable

A variable in a scientific experiment that is manipulated or changed to test its effects on the dependent variable.

Coefficient of Correlation

A numerical measure that indicates the strength and direction of a linear relationship between two variables.

Coefficient of Variation

A measure of relative variability computed as the ratio of the standard deviation to the mean, often expressed as a percentage.