Features of a 401(k)plan Include All of the Following Except

question 41

Multiple Choice

Features of a 401(k) plan include all of the following except:

• A)Pension benefits are based on past earnings and length of service with the company.
• B)The employer may match a certain portion of the employee's investment.
• C)Taxes are deferred on wages invested in the plan.
• D)Investments may be made in company stock,mutual funds or other investment vehicles.

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Definitions:

Performance Report

A document that evaluates the performance of a project, department, or employee against set goals or benchmarks.

Employee Downtime

Periods when employees are not actively working due to breaks, equipment failure, or lack of demand.

Factory Overhead Cost

This rephrases "Factory Overhead" as the total expenses related to the operation of a factory that is not directly tied to a specific product or service.

Factory Burden

Another term for manufacturing overhead or factory overhead.