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What Is the Pension Plan in Which a Certain Amount

Question 31

Multiple Choice

What is the pension plan in which a certain amount of profit is credited to each employee's account, payable at retirement, termination, or death called?


A) Group profit pension plan
B) Defined profit pension plan
C) Defined contribution profit plan
D) Deferred profit-sharing plan
E) Group profit-sharing plan

Correct Answer:

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