Joan is a teacher and wants to participate in a tax-deferred salary reduction pension plan. Which type of plan is most appropriate?

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


b. 403(b)

Business

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Company A owns shares of Company B and Company C. The statements of Company B are consolidated with those of Company A. The statements of Company C are not consolidated. Company A reports "Noncontrolling Interest" on its balance sheet. This account represents:

a. A's noncontrolling share of the stock of B. b. A's noncontrolling share of the stock of C. c. the noncontrolling share by outside owners of the stock of A. d. the noncontrolling share by outside owners of the stock of B. e. the noncontrolling share by outside owners of the stock of C.

Business

Which service quality attribute deals with the physical facilities of the service provider?

a. access b. reliability c. tangibles d. communication

Business

Although faster transportation is more expensive, a firm receives which benefit as a result of the faster transportation?

A) Fewer rejects B) Higher profit C) Lower inventories D) More warehouses

Business

Design capacity is ______.

a. the maximum rate of output achieved by an operation, a process, or a manufacturing or service facility that is producing under ideal conditions b. the capacity that can be achieved given the actual changes in product mix, machines and equipment that require periodic maintenance, scheduling changes, and workers who take time off for lunch, absences, and other needs c. less than effective capacity d. dependent on the company‘s market share

Business