Which of the Following Is an Example of a Defined-Contribution

question 86

Multiple Choice

Which of the following is an example of a defined-contribution pension plan?

• A) consumer-driven pension plan
• B) money purchase plan
• C) cost-sharing plan
• D) flexible spending account plan
• E) unfunded PBGC plan

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Definitions:

Company

A legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

Perilous Stage

A critical or dangerous phase in a process, project, or journey where the risk of failure or adverse outcomes is significantly high.

Lead Entrepreneur

The primary individual responsible for starting, organizing, and managing a new business venture.

Fully Diluted

Relating to the maximum possible number of shares of a company, including all warrants, options, and convertible securities.