Under a defined contribution pension plan, retirement benefits are based entirely on the annual contribution to the fund plus earnings thereon
Indicate whether the statement is true or false
T
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Acquired in-process research and development (IPR&D) is _____ for tax purposes and results in a(n) _____ effective tax rate
a. never deductible; increased b. never deductible; decreased c. always deductible; increased d. always deductible; decreased e. deductible over a 15 year period; decreased
What is one of the three core functions of public relations that are most closely aligned with the role of a marketing manager?
A. gaining product publicity and buzz B. handling investor relations C. developing new products for new market segments D. serving as organizational spokesperson E. attaining funds for marketing campaigns
Direct materials can be directly traced to the goods or services being produced
Indicate whether the statement is true or false
When promoting products and writing sales letters, which of the following is legal?
A) Including a "puffery" statement such as We offer the best service in the industry B) Using a celebrity's name or likeness in a sales message without his or her permission C) Telling people they are sweepstakes winners or finalists when they really aren't D) All of these choices are legal.