Question
In a private defined benefit pension plan the __________ bears the investment risk, and in a private defined contribution plan the __________ bears the investment
In a private defined benefit pension plan the __________ bears the investment risk, and in a private defined contribution plan the __________ bears the investment risk.
Multiple Choice
A. plan sponsor; U.S. government
B. U.S. government; plan sponsor
C. plan sponsor; employee
D. employee; plan sponsor
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
