Sparrow Pension Plan Is a Not-For-Profit Organization That Administers the Pension

question 4

Multiple Choice

Sparrow Pension Plan is a not-for-profit organization that administers the pension fund held for the employees of Sparrow Tech Ltd. What type of fund is the pension fund?

• A)Reserve fund
• B)Self-sustaining fund
• C)Fiduciary fund
• D)Endowment fund

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