Solved

Marcia Works for Telephonic Industries and Participates in Its Supplemental

Question 44

Multiple Choice

Marcia works for Telephonic Industries and participates in its supplemental retirement plan.In years when the firm has no profit,the firm is not required to contribute to the supplemental retirement plan.This plan is a __________. ​


A) defined benefit plan
B) non-contributory plan
C) cash balance plan
D) profit-sharing plan

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents