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Which of the following statements typifies defined contribution plans? A) The plans are more complex than defined contribution plans. B) Present value factors are used
Which of the following statements typifies defined contribution plans?
A) The plans are more complex than defined contribution plans.
B) Present value factors are used to determine the annual contributions to the plan.
C) Investment risk is borne by employees of the corporation sponsoring the plan.
D) None of the above.
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