Which of the following statements about profit-sharing plans is false?

a) Contributions to employer-sponsored profit-sharing retirement plans can be invested only in securities issued by the employing firm itself.
b) A major argument in support of profit-sharing plans is that employees are motivated to perform better since they benefit from the firm's profits.
c) If the firm does not have profits during a specific year, it is not required to contribute to the profit-sharing plan.
d) The profit-sharing plan is funded by the employer.
e) Profit-sharing plans enable employees to participate in t