Nondiscrimination requirements do not apply to working condition fringe benefits.
Answer the following statement true (T) or false (F)
True
Discrimination is allowed for certain Sec. 132 benefits, including working condition and qualified transportation fringes.
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?Grant Technologies is planning to get a 210-day $300,000 simple interest loan from its bank with a quoted interest rate of 11 percent and a 20% compensating balance requirement. Assuming there are 360 days in a year and Grant currently holds no funds at the lending bank, what is the annual percentage rate (APR) of the loan? (Round your answer to two decimal places.)
A. 13.05%? B. ?13.35% C. ?12.85% D. ?13.75% E. ?12.55%
This leadership style is widely used by Theory X managers, who believe that final decisions should be in the hands of the higher-level employees and that a continued focus on the task is compatible with the kind of people they are dealing with.
A. Suppressive B. Authoritarian C. Laissez-faire D. Paternalistic
The end user is not the person in the organization most involved in the systems analysis and design process
Indicate whether the statement is true or false
Corporate debts are the responsibility of the:
A. shareholders D. board of directors B. incorporators E. none of these C. corporation