Question 9 (1 point) A younger business owner with much higher compensation than other employees wishing to contribute a higher percentage of their compensation would prefer cross- testing to age-weighted. True False Question 10 (1 point) One major advantage to ESOP and stock bonus plans is that employers can obtain a tax deduction for noncash contributions to the plan. True False Question 11 (1 point) An ESOP plan allows an employer to indirectly borrow money from a bank and repay the loan with fully deductible repayment amounts. True False Question 12 (1 point) A profit-sharing plan generally operates as a supplemental form of incentive compensation rather than as a stand-alone retirement plan. True False