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Which statements are true with respect to Defined-Contribution Pension Plans (DCPP)? 1. Employer-sponsored retirement plan. II. Benefit is based on a specific formula. III. There

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Which statements are true with respect to Defined-Contribution Pension Plans (DCPP)? 1. Employer-sponsored retirement plan. II. Benefit is based on a specific formula. III. There are two types of plans, a Money Purchase Plan and a Profit Sharing Pension Plan. A III B All the responses I and III D I and

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