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CTP · Question #84

(Topic 1) For a defined benefit plan,

The correct answer is B. plan assets can be less than plan liabilities.. See the full explanation below for the reasoning.

Question

  • (Topic 1)

For a defined benefit plan,

Options

  • Aplan assets equal plan liabilities.
  • Bplan assets can be less than plan liabilities.
  • Cplan assets are greater than plan equity.
  • Dplan assets always equal plan equity.

How the community answered

(36 responses)
  • A
    8% (3)
  • B
    78% (28)
  • C
    11% (4)
  • D
    3% (1)

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