Which of the Following Characteristics Does Not Describe a Defined

question 90

Multiple Choice

Which of the following characteristics does not describe a defined benefit pension plan?

• A)Actuarial calculations are required to determine the employer's annual contribution.
• B)Upon retirement, the employee's pension amount depends on the value of the employee's account.
• C)Forfeitures must reduce subsequent funding costs and cannot increase the benefits any participant can receive under the plan.
• D)A separate account is not required to be maintained for each participant.
• E)None of the above.

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Definitions:

French Revolutionary Forces

The military and paramilitary units participating in the French Revolution, instrumental in the overthrow of the monarchy and establishment of the First Republic.

Oath of the Horatii

A painting by Jacques-Louis David that depicts a scene from Roman history, emphasizing themes of duty and patriotism.

Watteau

Jean-Antoine Watteau, a French painter known for his Rococo style, depicting light-hearted leisure scenes called fêtes galantes.

Poussinistes

Followers of Nicolas Poussin (17th-century French painter) who prioritized line and drawing in art, as opposed to color and brushwork preferred by the Rubenistes.