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For compensation plans adopted by a publicly traded company in the current year, when a CEO's salary exceeds $ 1 , 0 0 0 ,

For compensation plans adopted by a publicly traded company in the current year, when a CEO's salary exceeds $

1, 000, 000,

the employee taxed on the entire amount, and the employer allowed a deduction on the entire amount.

Multiple Choice

is; is

is not; is

is not; is not

is; is not

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