4. Which of the following describes defined benefit pension plans A. The investment risk is borne by the employee. B. The plans are simple and easy to construct. C. The investment risk is borne by the employer. D. Retirement benefits depend on the individual's account balance. 5. The accounting for defined contribution pension plans is easy because each y A. The employer records pension expense equal to the amount paid out to retirees ear: B. The employer records pension expense based on an amount provided by the actury C. The employer records pension expense equal to the annual contribution. D. The employer records pension expense based on the earnings of the plan assets. capacitantes #2: El estudiante diferenciar los trminos deuda por beneficios adquiridos, deuda por beneficios acumulados y deuda por beneficios proyectados. SELECT THE BEST ANSWER 1. Which of the following is not a way of measuring the pension obligation? A. Accumulated benefit obligation. B. Vested benefit obligation. C. Retiree benefit obligation. D. Projected benefit obligation. 2. The portion of the obligation that plan participants are entited to receive regardless of the continued employment is called the: A. Vested benefit obligation. B. Retiree benefit obligation. C. Actual benefit obligation. D. True benefit obligation. 3. Compared to the ABO, the PBO usually is: A. Less material B. Less representationally faithful. C. Less relevant. D. Less reliable. 4. Compared to the ABO, the PBO usually is A. Larger. B. More reliable. C. Less relevant. D. More material