Which of the Following Statements Characterizes Defined Contribution Plans

question 40

Multiple Choice

Which of the following statements characterizes defined contribution plans?

• A) They are more complex in construction than defined benefit plans.
• B) The employer's obligation is satisfied by making the appropriate amount of periodic contribution.
• C) The investment risk is borne by the employer.
• D) Contributions are made in equal amounts by employer and employees.

Apply the MARS model of individual behavior and performance to diagnose and improve organizational problems.

Explain the impact of person-job matching on organizational efficiency and recommend strategies for improvement.

Articulate arguments for the consideration of personality traits in the hiring process of organizations.

Develop strategies to resolve ethical dilemmas in international business transactions.

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Definitions:

Quick Assets

Resources that can be rapidly turned into cash without a decrease in value, such as cash itself, tradable securities, and money owed from accounts receivable.

Temporary Investments

Investments in securities or other assets that are intended to be sold within a short period, typically within a year.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Working Capital

The disparity between a firm's existing resources and its short-term obligations, showcasing its ability to fulfil financial commitments and operational prowess.