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which of the following statements describes a defined-contribution pension plan from an employee's point of view? a. The contribution amount is known but the retirement

which of the following statements describes a defined-contribution pension plan from an employee's point of view?

a. The contribution amount is known but the retirement benefit is not known in advance

b. neither contribution amounts nor the retirement benefits are known in advance

c. both contribution amounts and the retirement benefit are known in advance

d. the contribution amount is not known but the retirement benefit is known in advance

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