Which of the following statements about constituent funds in the Mandatory Provident Fund (MPF) Scheme is INCORRECT? A) They are options offered within a master trust. B) The employer selects which constituent fund the employee invests in. C) One of the funds must be a capital preservation fund. D) They can invest directly in an Approved Pooled Investment Fund.

Which of the following statements about constituent funds in the Mandatory Provident Fund (MPF) Scheme is INCORRECT? A) They are options offered within a master trust. B) The employer selects which constituent fund the employee invests in. C) One of the funds must be a capital preservation fund. D) They can invest directly in an Approved Pooled Investment Fund.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter1: The Need For Payroll And Personnel Records

Section: Chapter Questions

Problem 12QR

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