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10b) Which of the following is true of defined contribution (DC) pension plans? Choose the right answer below? The investment risk in a DC plan

10b)

Which of the following is true of defined contribution (DC) pension plans?

Choose the right answer below?

  1. The investment risk in a DC plan is borne by the employer.
  2. Accounting for DC plans is complex, and requires the company to recognize a liability.
  3. The investment risk in a DC plan is borne by the employee.
  4. Payments to retirees are determined by a formula stated in the plan.

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