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.
Correct Answer:

Verified
Correct Answer:
Verified
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