Employers Commonly Match at Least Some Portion of Employee Contributions

question 16

Multiple Choice

Employers commonly match at least some portion of employee contributions to:
I. 401k plans
II. 403b plans
III. Self-directed retirement plans

• A) I only
• B) I and II only
• C) II only
• D) I, II, and III

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Definitions:

Acceptance Sampling Plan

A statistical quality control method that determines the number of units from a batch to inspect to decide if the entire batch should be accepted or rejected.

AQL

Acceptable Quality Level is a statistical measurement of the maximum number of defective items considered acceptable in a sample size during quality control testing.

LTPD

Lot Tolerance Percent Defective, a quality control measure indicating the highest defect rate in a lot that consumers are willing to tolerate.