Which of the following statements does not properly describe a defined benefit pension plan? Multiple...

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Accounting

Which of the following statements does not properly describe a defined benefit pension plan?
Multiple Choice
The employee bears little risk with respect to estimating the amount of the annual contributions to the plan.
A pension plan asset is not recorded on the employer's balance sheet.
Many assumptions are made in the determination of pension expense.
The employer bears little risk with respect to estimating the amount of the annual contributions to the plan.
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