Which of the Following Are Examples of Defined Contribution Plans

question 45

Multiple Choice

Which of the following are examples of defined contribution plans? (You may select more than one answer. )

• A)SIMPLE
• B)403(b)
• C)Pension
• D)IRA

Understand the impact of cell formatting options and how they affect data presentation.

Develop skills in what-if analysis and goal seeking for decision making based on data variables.

Understand the accounting methods used for uncollectible accounts and the reasons for their use.

Discover the principles and calculations involved in the accounts receivable turnover and its significance.

---

Definitions:

U.S. Dollar

The official currency of the United States, widely used as a global reserve currency and for international transactions.

Backed

Supported or secured, often used in financial contexts to refer to investments supported by tangible assets.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another.

Euro

The official currency of 19 of the 27 member states of the European Union.