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:

Bundles

A collection of goods or services sold as a single package, often offered at a discount compared to buying each item separately.

Chocolate

A sweet, brown food made from roasted and ground cacao seeds, typically consumed as candy or used in baking and other dishes.

Piano Lessons

Structured instruction designed to teach someone how to play the piano.

Transitive Preferences

A principle in economics that if an individual prefers option A over option B and prefers option B over option C, then they will prefer option A over option C.