Question 3 Which of the following is not a characteristic of a defined contribution pension...
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Question 3 Which of the following is not a characteristic of a defined contribution pension plan? The employer's contribution each period is constant. The benefits to be received by employees are usually determined by an employee's three highest years of salary as defined by the terms of the plan The accounting for a defined contribution plan is more complicated than for a defined benefit plan The benefit of gain or the risk of loss from the assets contributed to the pension fund is borne by the employee
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