A ______ provides the retiree with a specific amount and type of benefits that will be available when the individual retires.
A. defined benefit plan
B. undefined benefit plan
C. defined contribution plan
D. undefined contribution plan
A. defined benefit plan
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Randolph Scott operates a business as a sole proprietorship. This year his net profit was $10,570. For tax purposes this amount should be reported on:
A. A separate tax return prepared for the business operation B. Schedule E, Statement of Rent and Royalty Income C. The first page of Form 1040 as other income D. Schedule C, Statement of Profit or Loss from Business
The trait definition of leadership suggests ______.
A. leadership occurs because of who the leader is B. interaction is the key to leadership success C. self-confidence is required for good leadership D. dominance is required for good leadership
While he was employed at KyoTek, Jakob came up with an idea for an app that has the potential to make a lot of money. KyoTek has not pursued the idea yet, but the company does have it listed in its potential project list. Jakob left his job at KyoTek, and he wants to develop that app on his own. He is prohibited from doing this because of what provision?
A. Nondisclosure of information agreement B. Intellectual property agreement C. Noncompete agreement D. Nonpiracy agreement
The section of the insurance policy that includes provisions that qualify or limit the insurer's promise to perform is the
A) definitions. B) insuring agreement. C) exclusions. D) conditions.