In an Accumulation Superannuation Fund

Multiple Choice

In an accumulation superannuation fund:

A) the employee is promised an allocated benefit based on earnings and years of service.
B) superannuation income varies depending on how well the plan's investments have performed.
C) if the funds in the plan exceed the promised amount, the excess remains with the issuing firm or institution.
D) all of the earnings' taxes are paid by the employer.