Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 18, 2024

Which of the following is NOT an advantage of implementing a profit sharing plan for a business? a) allows discretionary contributons b) controls benefit costs

Which of the following is NOT an advantage of implementing a profit sharing plan for a business?

a) allows discretionary contributons

b) controls benefit costs

c) must limit withdrawal flexibility

d) may accomplish legal discrimination by skewing contributions in favor of older employees.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To The Financial Management Of Healthcare Organizations

Authors: Michael Nowicki

6th Edition

1567936695, 9781567936698

More Books

Students also viewed these Finance questions

Question

★★★★★

What do current, historical, and average exchange rates mean in the context of foreign currency translation? Which of these rates give rise to translation gains and losses? Which do not?

Answered: 1 week ago

Question

★★★★★

Ammonia in a piston/cylinder arrangement is at 700 kPa, 80C. It is now cooled at constant pressure to saturated vapor (state 2) at which point the piston is locked with a pin. The cooling carries on...

Answered: 1 week ago

Question

★★★★★

9. After solving the previous two problems, develop software for a video game that uses the mouse or keyboard for input and displays output on the monitor. If you need graphics for your game,...

Answered: 1 week ago

Question

★★★★★

Ronald Wayne Smith was employed by Modesto High School as a temporary math instructor. In addition, he coached the girls baseball and basketball teams. The contract under which he was employed stated...

Answered: 1 week ago

Question

★★★★★

Problem 13-11 Calculating Portfolio Betas (LO4] You own a stock portfolio invested 40 percent in Stock Q, 30 percent in Stock R, 20 percent in Stock S, and 10 percent in Stock T. The betas for these...

Answered: 1 week ago

Question

★★★★★

Blossom Footwear Co. produces high-quality shoes. To prepare for next year's marketing campaign, the company's controller has prepared the following information for the current year, 2022: Variable...

Answered: 1 week ago

Question

★★★★★

Calculate a 90% confidence level. What is the T-Confidence level? Column1 Mean 29347.5 Standard Error 5974.512153 Median 25325 Mode #N/A Standard Deviati 18893.06631 Sample Variance 356947954.7...

Answered: 1 week ago

Question

★★★★★

Accounting break-even Unit price Unit variable cost 18,980 $103 ? Fixed costs Depreciation $425,860 $372,118 What is the Unit Variable Cost? Note: Do not put the $ sign and only use two decimal...

Answered: 1 week ago

Question

★★★★★

A commercial building that has a value of $600,000 is insured on a Broad Perils policy with a coverage limit of $400,000. and a deductible of $1,000. 1. If a new building has a replacement cost of...

Answered: 1 week ago

Question

★★★★★

The reading and videos for this week bring to light some of the ethical and business-related issues in collecting and using data gathered about customer behaviors and using it to target advertising....

Answered: 1 week ago

Question

★★★★★

You are a large customer of a major Wall Street investment bank. They believe the price of oil will be going up over the next year and they are willing to enter an unlimited number of long positions...

Answered: 1 week ago

Question

★★★★★

identify appropriate statistical tests to interpret your data and to either confirm or refute your hypotheses;

Answered: 1 week ago

Question

★★★★★

write about your research methods.

Answered: 1 week ago

Question

★★★★★

discuss the use of focus group and other group interview techniques in HR research;

Answered: 1 week ago

Previous Question Next Question