In a defined-contribution plan, a formula is used that ensures that pension expense and the cash funding amount will be different

In a defined-contribution plan, a formula is used that

A ensures that pension expense and the cash funding amount will be different.

B requires an employer to contribute a certain sum each period based on the formula.

C defines the benefits that the employee will receive at the time of retirement.

D ensures that employers are at risk to make sure funds are available at retirement.

Acc/423 Acc423 Intermediate financial accounting iii final exam
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