An employer's contribution will vary according to the company's profits in a

Name: An employer's contribution will vary according to the company's profits in a
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Profit-sharing plans are designed to distribute a company's profits among its employees. The employer's contribution to the plan is based on the company's profits, meaning that the contribution will vary based on the financial performance of the company. Therefore, D is the best choice.

An Employer's Contribution Will Vary According to the Company's Profits