Pension Plan Flashcards
1
Q
Defined contribution
A
Employee is responsible for all the risk and he is making decision
IS - pension expense
BS - cash
CFS - Cfo
2
Q
Defined benefit
A
Promise by a company. Risk of a company
Defined contribution
Employee is responsible for all the risk and he is making decision
IS - pension expense
BS - cash
CFS - Cfo
Defined benefit
Promise by a company. Risk of a company