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Ob) False Question 24 (1 point) Elmer has a $40,000 vested account balance in the Credit Corp. profit-sharing plan. He may take a loan of

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Ob) False Question 24 (1 point) Elmer has a $40,000 vested account balance in the Credit Corp. profit-sharing plan. He may take a loan of $25,000 without any tax problems a) True O b) False Question 25 (1 point) A top-heavy profit-sharing plan must always allocate 3 percent of compensation to non-key employees

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