Which of the following is not a correct characteristic of a Coverdell Education Savings Account?
A)
It may be used to fund an elementary or primary school education.
B)
The child will not owe taxes on any withdrawal made to pay for qualified educational expenses.
C)
There is a 10% penalty on early withdrawals before the child reaches age 17.
D)
The amounts deposited in an Education IRA are not tax deductible.
C
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Which of the following is an advantage of a wide span of control?
A. Managers have better control of employees. B. Managers are less likely to be overloaded with work. C. fewer opportunities for collaboration D. higher employee morale due to increased responsibility
The primary purpose of downward communication flow is to provide feedback, ask questions, or obtain assistance from higher-level management.
Answer the following statement true (T) or false (F)
Social Security normal retirement age is set to increase for future retirees
Indicate whether the statement is true or false
The cost of giving up a cash discount on a credit purchase is ________
A) added on to the price of the goods in order to make payment quickly B) deducted from the price of the goods in order to make payment quickly C) the implied interest rate paid in order to delay payment for an additional number of days D) the true purchase price of the goods