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    Risk Management and Insurance
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    Exam 17: Employee Benefits: Retirement Plans
  5. Question
    A Financial Institution That Provides for the Accumulation or Administration
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A Financial Institution That Provides for the Accumulation or Administration

Question 24

Question 24

Multiple Choice

A financial institution that provides for the accumulation or administration of the funds that will be used to pay pension benefits is called a


A) trust fund.
B) mutual fund.
C) funding instrument.
D) funding agency.

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