Match Each Statement with the Correct Term Below

question 12

Multiple Choice

Match each statement with the correct term below.
-Defined contribution plan

• A)A separate, parallel tax system designed to ensure a taxpayer pays some tax.
• B)A compensation tool that is based on potential price increases of the company's stock.
• C)An individual trust account maintained for the exclusive benefit of an individual or beneficiary.
• D)A type of defined contribution pension plan in which the company and the employee contribute a fixed percentage of the employee's salary to the plan.
• E)A pension plan in which the benefits are based on the number of years an employee has worked for a company and on the employee's annual salary.
• F)A pension plan whose benefits are determined by the amount of contributions the employee and the company contribute to the plan and the earnings of the plan.

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Definitions:

Employee Turnover

The rate at which employees leave a company and are replaced by new employees, affecting organizational continuity and cost.

Shareholder Value

The concept focuses on maximizing the value returned to shareholders of a company through increasing stock prices and dividends.

Performance Management

The process of ensuring that an organization and its employees are focused on the same priorities and goals, typically involving setting objectives, measuring outcomes, and providing feedback for improvement.

Employee Training

A program that aims to enhance the skills, knowledge, and performance of employees through learning activities.