One Often Has to Make Investment Decision If You Have

question 76

Multiple Choice

One often has to make investment decision if you have a ____ plan.

• A) Cash balance
• B) Defined benefit
• C) 401(k)
• D) a and b
• E) a and c

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Definitions:

Liability

A legal responsibility or obligation, often in financial terms, that a person or entity has to another.

Business Risk

The exposure to factors that may cause a business to experience lower profits or financial loss, including market competition, regulatory changes, and operational failures.

Endowment Management

The process of overseeing and making investment decisions for an endowment fund to ensure its ability to support a particular organization or cause over time.

Bookkeeping

The practice of recording all financial transactions, ensuring accuracy and completeness in the financial records of an organization.