Which of the following is not a reasonable justification of employee benefits from the point of view of the employer? * O a) take advantage of business tax benefits b) retain, motivate and attract employees advantaged basis 0 c) can legally funnel disproportionately high benefits to the owners on a tax 0 d) allows freedom of benefit selection as opposed to the government mandating employee minimum benefits Which of the following statements regarding minimum vesting standards for qualified defined benefit plans is (are) true? I. The vesting standards apply to both employer and employee retirement contributions, ll. Employers may vest benefits more quickly than the minimum standards * O A)lon|y O B)llonly O C)bothlandll O D) neither I nor ll Which of the following is not a factor that has caused the decline in defined benefit plans in the U.S.? * O a) increasing mobility of the workforce b) global competition causing employers to reduce expenses o) reduced employer liability for pension plan results under a defined benefit plan d) employee, and not the employer, bears the investment risk of a defined contribution plan OO Our government gets several advantages from the private employee system t hich of the following not one of those advantages. O a) Fewer people are dependent on welfare programs 0 b) The burden on the Social Security program is reduced if people have private pensions and life insurance c) Government control of the economy is avoided if the funds to finance benefits remain in private hands 0 d) All ofthe above are advantages