Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are credited with a percentage of their pay each year, plus a predetermined rate of interest
A) funded pension plan
B) cash balance plan
C) unfunded pension plan
D) percentage plus inflation plan
E) none of the above
Answer: B
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Indicate whether the statement is true or false.
The hiring team will consider only those applicants who ______ college
A) graduated B) graduated from
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