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Statement 1: In a profit-sharing plan, the employer makes discretionary contribution to the plan and bears the investment risk of the assets invested in the

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Statement 1: In a profit-sharing plan, the employer makes discretionary contribution to the plan and bears the investment risk of the assets invested in the plan. Statement 2 : In a profit-sharing plan, the money contributed in the plan can be used to buy the shares from the stocks of the employer's company. Statement 2 is Ture. Statement 1 is false Both statements are false. Both statements are true. Statement 1 is Ture. Statement 2 is false

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