Self-employed individuals interested in contributing to their own tax-deductible pension plan should choose a:

a. 401 (k)
b. 403 (b)
c. defined contribution plan
d. Keogh plan
e. Roth IRA


d. Keogh plan

Business

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Uncovering key performance issues that normally might go unnoticed in day-to-day business operations is the primary purpose of the ________ step of a marketing plan

A) situation analysis B) revenue planning C) performance evaluation D) performance gap E) channel strategy

Business

Patrol, Inc, leased a machine from Ravel Company. The lease term was for a five-year period beginning January 1 . 2014 . Equal annual lease payments of $3,000 are due on December 31 of each year. The implicit rate of the lease is 10% and is known to Patrol. Patrol has properly applied the lease capitalization criteria and as a result, accounts for the lease as a capital lease. The first payment

under the lease was made on December 31 . 2014 as scheduled. How much should Patrol classify as the current portion of the lease liability at December 31 . 2014? a. $2,049 b. $7,460 c. $3,000 d. $9,509

Business

Which of the following allows a government expropriating foreign-owned private property to claim that the jurisdiction of courts in the owner's country do not apply to it because it is a government rather than a private-sector entity?

A) bilateral investment treaty B) act-of-state doctrine C) sovereign immunity doctrine D) joint venture

Business

The accounting firm of Gray & Co did accounting work for both Regional Bank and Carter Electronics. Without Carter's knowledge or approval, Gray & Co discussed Carter's financial problems with Regional Bank. In this situation, Gray & Co

a. breached a legal obligation to keep all client information confidential. b. breached a moral, but not a legal, obligation of confidentiality. c. did not breach any obligations to its clients. d. acted properly because it was protecting its client, Regional Bank, from possibly making an unwise loan to Carter Electronics.

Business