In Recent Years Defined Contribution Plans Have Grown Faster Than

question 44

Multiple Choice

In recent years defined contribution plans have grown faster than defined benefit plans in which of the following areas?
I. Fund assets
II. Number of funds
III. Number of plan participants

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

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Definitions:

Cultural Factors

Elements derived from a society's values, practices, norms, and beliefs that influence behavior and interactions within that society.

Psychological Perspective

An approach to understanding human behavior and mental processes that involves looking at psychological principles, theories, and research findings.

Allport

Refers to Gordon Allport, a pioneering psychologist known for his theory of personality and the study of prejudice.

Collective Conscious

A set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society, term coined by sociologist Émile Durkheim.