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An ISO Certification Is a Global Indicator of the Importance

question 12

Multiple Choice

An ISO certification is a global indicator of the importance of:


Definitions:

Defined-benefit Plan

A type of pension plan in which an employer promises a specified pension payment upon retirement, based on an employee's earnings history, tenure of service, and age.

Defined-contribution Plan

A retirement plan where employees, employers, or both make contributions on a regular basis, with future benefits dependent on investment performance.

Contributory Plan

A pension plan in which employees contribute a portion of their earnings to fund retirement benefits.

Non-contributory Plan

An employer-sponsored plan where the employer fully funds the benefits without employee contributions.

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