A financial institution that provides for the accumulation or administration of the funds that will be used to pay pension benefits is called a

A) trust fund.
B) mutual fund.
C) funding instrument.
D) funding agency.


Answer: D

Business

You might also like to view...

Describe why benefit programs continue to grow.

What will be an ideal response?

Business

Which of the following statements is true regarding the World Intellectual Property Organization (WIPO)?

A. It was created with the adoption of the Vienna Convention. B. WIPO, like its predecessors, has very narrow authority. C. One of the responsibilities of the WIPO is resolving Internet domain disputes. D. The European Council is the governing body of the WIPO.

Business

A Cp value of 1.33 indicates a standard of how many standard deviations (sigmas)?

A) 6 B) 1.33 C) 2 D) 3 E) 4

Business

Of the MAC controlled-access forms, token ring, or 802.5, is very popular and is widely implemented

Indicate whether the statement is true or false

Business