Service companies do not have product costs, so they often consider all operating expenses as part of their cost of service

Which statement is true with regard to problems and issues with tax-deferred retirement plans in the United States?

A) Inadequate participation in employer-sponsored retirement plans can create economic insecurity for retired employees. B) Retirement benefits for women are higher than retirement benefits for men, reflecting the higher wages women are paid. C) Employees do not invest sufficient amounts in the common stock issued by the companies where they work. D) Pension benefits are too often indexed for inflation, burdening employers with high pension costs.

Describe the disadvantages of test data processing

What will be an ideal response?