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B1 Exam Dumps : Regulatory Environments for Benefits Programs

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Regulatory Environments for Benefits Programs Questions and Answers

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Question 1

Upon which criterion are step increases typically based?

Options:

A.

Market adjustment

B.

Longevity

C.

Individual performance

D.

Skills   

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Question 2

Regarding presentations to executives, which of the following is most accurate?

Options:

A.

Keep them brief

B.

Use multiple media

C.

Include all details related to the issue

D.

Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions

Question 3

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.

They require complex actuarial calculations and assumptions.

B.

The benefit is based on a formula that considers pay and service.

C.

They generally provide better benefits to employees with longer service.

D.

The employee assumes the risk for the investments.   

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