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Identify the Letters of the Choices That Best Match the Phrases

question 3

Multiple Choice


Identify the letters of the choices that best match the phrases or definitions.
-It acts like the basis value for items in a flexbox.


Definitions:

Actuarial Assumptions

Assumptions about future events affecting pension and insurance contracts, used to estimate the value of liabilities and premiums.

Defined Contribution Plans

Post-employment plans for which an employer pays fixed contributions into a separate entity (e.g., superannuation fund) on behalf of the employee.

Superannuation Fund

A superannuation fund is a pension program created by a company for the benefit of its employees, primarily practiced in Australia.

Legal Obligation

A duty that is legally enforceable because it arises out of a contract or legal requirement.

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