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In the context of a manufacturing company's board of directors conducting an evaluation of the firm's defined benefit pension plan, which of the following statements most accurately describes the funding risk linked to this plan?
A
Decreases in interest rates always reduce funding risk.
B
Funding risk represents the true long-term risk to the plan sponsor.
C
Funding risk is effectively transferred to the employees of the manufacturing company.
D
As the time horizon for expected payouts gets longer, the plan's funding risk decreases.