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Which of the Following Statements Concerning Pensions Is Correct

Question 57

Multiple Choice

Which of the following statements concerning pensions is correct?


A) Defined benefit plans offer a retiree more security than defined contribution plans.
B) The accounting for a defined contribution plan is more complex than for a defined benefit plan.
C) Pension funding must always equal the pension expense.
D) The employee will forfeit vested pension contributions if he\she is terminated.

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