Which of the Following Statements Is True Regarding a Defined

question 44

Multiple Choice

Which of the following statements is true regarding a defined benefit pension plan?

• A)Defined benefit plans are relatively easy to handle from an accounting perspective.
• B)Employers that use defined benefit plans are assuming more risks than employers that use defined contribution plans.
• C)Defined benefit plans require an employer to contribute a defined sum each period to a pension fund.
• D)A defined benefit plan requires the employer to fund the plan each year for an amount equal to the pension expense.

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Definitions:

Structured Job Interviews

A standardized method of interviewing job applicants using the same set of predetermined questions for all candidates to ensure fairness and comparability.

Job Analysis

The act of researching and accumulating details regarding the tasks, duties, essential skills, expected results, and the occupational setting of a specific position.

Work Sample Test

A pre-employment assessment tool that requires applicants to perform tasks or work activities that mirror those they would encounter in the job.

Selection Decision

The process of choosing the most suitable candidate for a job position based on evaluation and assessment.