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Which of the following statements is true regarding cash balance pension plans? A . The assets are managed by the plan participants who control the
Which of the following statements is true regarding cash balance pension plans?
AThe assets are managed by the plan participants who control the investments
BThe accounts shown to participants are real individual accounts with actual balances
CThe employer is subject to mandatory funding requirements like other defined benefit plans
DThe plans are not subject to actuarial valuations
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