Which of the following statements regarding defined contribution plans is false?
A. Employees immediately vest in their contributions to the plan.
B. Employers bear investment risk relating to the plan.
C. Employers typically match employee contributions to the plan to some extent.
D. An employer's vesting schedule is used for employers' contributions in determining the amount of the plan benefits the employee is entitled to receive on retirement.
Answer: B
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When a severe weather warning has been declared, a delay in notice of dishonor is excused to the reasonably diligent holder who was prevented from posting the notice
a. True b. False Indicate whether the statement is true or false
What is the difference between conventional and skill-based pay systems?
What will be an ideal response?
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Answer the following statement true (T) or false (F)