In General Terms,which One of the Following Plan Types Is

question 37

Multiple Choice

In general terms,which one of the following plan types is the riskiest for an employee on a year-to-year basis?

• A)Defined contribution plan invested in fixed-income securities
• B)Defined contribution plan invested in equities
• C)Final pay defined benefit plan
• D)Career average defined benefit plan
• E)Overfunded defined benefit plan

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Definitions:

Direct Materials Cost

The expense incurred for raw materials that are directly traceable to the production of specific goods or services.

Raw Materials Inventory

The total cost of all the parts and materials that are held in stock by a company and are used in the production process.

Cost of Goods Manufactured

The total cost incurred to produce products that were completed during a specific accounting period.

Raw Materials Inventory

The total cost of all the materials that are used in making a product that is still in stock and not yet processed.