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Which of the following statements typifies defined contribution plans? O The employer's obligation is satisfied by making the periodic contribution to the plan. The plans

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Which of the following statements typifies defined contribution plans? O The employer's obligation is satisfied by making the periodic contribution to the plan. The plans are more complex than defined benefit plans. O Present value factors are used to determine the annual contributions to the plan. O Investment risk is borne by the corporation sponsoring the plan

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