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    Business
  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 9: Payroll, Estimated Payments and Retirement Plans
  5. Question
    Under a Defined Contribution Plan, the Contribution Made on Behalf
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Under a Defined Contribution Plan, the Contribution Made on Behalf

Question 71

Question 71

True/False

Under a defined contribution plan, the contribution made on behalf of the employee is determined using a formula dependent on the employee's current compensation.

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