Which of the following is true regarding an SEP?
A. The plan must cover all employees who have reached the age of 18, who have worked for the employer for at least two of the preceding five years, and who received at least $600 in compensation.
B. Deductible contributions cannot exceed the lower of 15% of the employee's compensation or $55,000.
C. Self-employed individuals cannot create and contribute to an SEP.
D. Cannot discriminate in favor of highly compensated employees.
Answer: D
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The marketing research report serves as a historical record of the project
Indicate whether the statement is true or false
A classic industry example of "tying" is:
A. Microsoft- selling their operating system and Internet browser together B. Apple- patenting the round dial on the iPod C. Amazon- collecting and controlling information on users without their consent D. Verizon- offering rebates on phones if customers sign a 2-year contract E. Gillette- selling razor refills for a higher cost than the original razor
Cost-based pricing strategies result in a percentage being added to the cost of the product.
Answer the following statement true (T) or false (F)
Which of the following securities will likely have the highest liquidity premium?
A) Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange B) U.S. Treasury bill C) U.S. Treasury bond maturing in 2027 D) Aaa-rated corporate bond maturing in 2015 not actively traded