which statement BEST describes the difference between a Defined Benefit Plan and a Money Purchase Plan (a.k.a. Defined Contribution Plan)?

A.

In a Defined Benefit Plan, the employee assumes the most risk and uncertainty, whereas in a Defined Contribution Plan the plan sponsor assumes the risk and uncertainty.

B.

In a Defined Benefit Plan, the plan sponsor agrees to provide a specified benefit for each year of qualifying service, whereas in a Defined Contribution Plan the plan sponsor agrees to make a specified contribution for each plan participant.

C.

In a Defined Contribution Plan, the plan sponsor agrees to provide a specified benefit for each year of qualifying service, whereas in a Defined Benefit Plan the plan sponsor agrees to make a specified contribution for each plan participant.

D.

In a Defined Contribution Plan, the plan sponsor normally agrees to provide a benefit equal to a certain percentage of the employee's earnings, whereas in a Defined Benefit Plan the plan sponsor agrees to provide a contribution equal to a certain dollar value each year.