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Sparrow Pension Plan Is a Not-For-Profit Organization That Administers the Pension

Question 1

Multiple Choice

Sparrow Pension Plan is a not-for-profit organization that administers the pension fund held for the employees of Sparrow Tech Ltd. What type of fund is the pension fund?


A) Reserve fund
B) Self-sustaining fund
C) Fiduciary fund
D) Endowment fund

Correct Answer:

verifed

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