Part II: Research and Recommendation Monat is certain that it wants to offer its employees a retirement plan. However, based on the research you conducted; the company is unsure if a defined benefit plan is the best option. Therefore, the HR manager and CFO have asked you to conduct further research on this topic. Research both defined benefit plans and defined contribution plans in the standards. Based on and referencing this research, write a one-page memo providing a summary of both methods along with your recommendation for which method the company should implement. Provide reasoning for your recommendation based on your research of the accounting standards