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Ebony,Inc,Uses the Three-To-Seven Year Graded Vesting Approach for Its Retirement

Question 47

Multiple Choice

Ebony,Inc.,uses the three-to-seven year graded vesting approach for its retirement plan.Pete has five years of service completed as of February 5,2012,his employment anniversary date.Determine Pete's nonforfeitable percentage.


A) 40%.
B) 60%.
C) 80%.
D) 100%.
E) None of the above.

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