In a defined benefit plan, a formula is used that

Question $6$ options:

A$)$

defines the benefits that the employee will receive at retirement.

B$)$

requires that defined benefit expense and the cash funding amount be the same.

C$)$

defines the contribution the employer is to make; no promise is made concerning the ultimate benefits to be paid out to the employees.

D$)$

requires that the benefit of gain or the risk of loss from the assets contributed to the pension plan be borne by the employee.