Which of the Following Is Not One of the Principal

question 2

Multiple Choice

Which of the following is not one of the principal features of ERISA?

• A)Vesting of benefits
• B)Employee termination
• C)Fiduciary responsibility
• D)Transferability
• E)Funding

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Definitions:

Investment Account

A financial account held at a bank or brokerage that is used to hold securities, stocks, bonds, and other investments.

Unamortized Acquisition Differential

The portion of the difference between the purchase price and the book value of an acquired entity that has not yet been amortized.

Equity Method

An accounting technique used by a company to record its investment in another company based on the profit or loss and other comprehensive income of the investee.

Voting Shares

Shares of stock that grant the shareholder the right to vote on matters of corporate policy and the election of board members.