Which of the Following Characteristics Is Not a Characteristic of a Cash

question 100

Multiple Choice

Which of the following characteristics is not a characteristic of a cash balance plan?

• A)Similar in many aspects to a defined benefit plan.
• B)Employee bears the investment risk and rewards.
• C)Establishes allocations to individual employee accounts.
• D)Payout depends on how much builds up over time in the employee's individual account.
• E)None of the above.

---

Definitions:

Boycott

A form of protest involving the refusal to buy, use, or participate in something as a way of expressing disapproval or forcing change.

British Imports

Goods and products brought into a country from the United Kingdom, which can include a wide range of items from tea to machinery.

Daughters Of Liberty

A group of women who participated in the American Revolutionary War efforts by boycotting British goods and producing homemade items to aid the patriot cause.

Spun

In a general context, it means to twist together strands to make yarn or thread, but can also refer metaphorically to presenting information in a particular way to influence perception.