Which of the Following Is True About Defined Contribution Plans

question 54

Multiple Choice

Which of the following is true about defined contribution plans?

• A)They shift the investment risk to the employer.
• B)They present greater administrative challenges to employers.
• C)They promise a specific benefit level for employees upon retirement.
• D)They are preferred more in smaller companies than larger ones.
• E)They have become less common.

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A sector of the economy comprised of businesses that prepare and serve food and beverages to customers.

Vertical Distance

The difference in height or elevation between two points, often used in the context of graphs or geographical features.

Profit-Maximizing Quantity

The level of output at which a firm achieves the maximum possible profit, where marginal revenue equals marginal cost.

Panel

A group of people gathered to discuss, analyze, or recommend on a particular subject matter or to conduct a study.