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

question 86

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 these.

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Definitions:

Need for Personal Power

A psychological drive or motivation for individuals to gain influence or control over others and their environment.

Managerial Leadership

The process of influencing others to understand and agree about what needs to be done and how to do it, and the process of facilitating individual and collective efforts to accomplish shared objectives.

Work Environment

The physical and psychological conditions under which employees operate, encompassing everything from workplace culture to safety standards.

Satisfier Factors

Elements of a job or environment that increase employee satisfaction and motivation, based on Herzberg's Motivation-Hygiene Theory.