An Organization That Received Contributions from Employees And/or Their Employers

question 44

Multiple Choice

An organization that received contributions from employees and/or their employers and invests the proceeds on behalf of the employees for use during their retirement years is called a(n)

• A) mutual fund.
• B) savings bank.
• C) pension fund.
• D) retirement fund.

Comprehend the protective measures for shareholders against management incompetence.

Understand the basics of security selection and investment strategies.

Recognize the mechanisms evolved to mitigate potential agency problems.

Comprehend the impact of financial scandals on corporate governance and regulations.

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Definitions:

Lack of Training

A situation where employees do not receive adequate instruction or education to perform their jobs effectively.

Internationally

Pertaining to or involving two or more countries, or extending across national boundaries.

English

A West Germanic language originating in England, now the primary language of several countries and a global lingua franca for business, science, and diplomacy.

International Business

Engaging in commerce and trade activities that cross national boundaries, involving different cultures and economic systems.