Which of the following statements about Roth 401(k) plans is true? I. Contributions to a Roth 401(k) plan are made with before-tax dollars. II. Qualified distributions from a Roth 401(k) are received income-tax free
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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Which of the following is TRUE of dividends?
A) Dividends are a distribution of cash, stock, or other property to stockholders. B) Dividends increase assets and decrease total stockholders' equity of a corporation. C) Dividend payments decrease paid-in capital. D) Dividend payments increase stockholders' equity.
A limited liability company with more than one member is taxed as a partnership:
A) Only if no more than four of six listed attributes are present in the limited liability company. B) In all circumstances. C) Only if at least four of six listed attributes are present in the limited liability company. D) If the limited liability company has not elected to be taxed as a corporation. E) Only if all six listed attributes are present.
Written defamation is known as:
a. libel. b. slander. c. malicious intent. d. invasion of privacy.
If an organization turns an employee's access off to the building while they are at lunch as a means of termination, this would be considered ________.
A. a hostile situation B. enforcement of company rules C. mean D. an unfriendly termination E. separation termination