Which Statement Best Explains the Reason for the Decrease in Popularity

question 1

Multiple Choice

Which statement best explains the reason for the decrease in popularity of "defined benefit plans" by employers in Canada?

• A) There has been increased longevity of employees.
• B) Defined benefit plans are simply not popular among employees.
• C) They help organizations plan more accurately; hence,they make it easier to fund these liabilities.
• D) Employers believe defined contribution plans are much more unpredictable from a funding perspective.

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Definitions:

Cancellation

In the context of pharmacy or medicine, it might refer to the process of discontinuing a prescribed medication or therapy.

Sum

The outcome of combining two or more numbers or quantities.

Cancellation

In mathematics, the process of simplifying expressions by eliminating factors or terms that are common to both the numerator and the denominator.

Add

The mathematical operation of combining two or more quantities to get a total sum.