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11 Dec 2019
Which of the following describes defined benefit pension plans?
(i) They raise a few accounting issues for employers.
(ii) Retirement benefits depend on how much money has accumulated in an individual's account.
(iii) They are simple to construct.
(iv) Retirement benefits are based on the plan benefit formula.
Which of the following describes defined benefit pension plans?
(i) They raise a few accounting issues for employers.
(ii) Retirement benefits depend on how much money has accumulated in an individual's account.
(iii) They are simple to construct.
(iv) Retirement benefits are based on the plan benefit formula.
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Bunny GreenfelderLv2
25 Feb 2020