Frances McClurg favors the Roth IRA over the traditional IRA. What advantage does the Roth provide over the traditional IRA?
A) She can avoid income taxes when she withdraws.
B) The earnings are tax deferred, unlike a traditional IRA.
C) Contributions are tax deductible.
D) It saves tax money for education.
Answer: A
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Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products. The main material is cedar wood, sold by the square foot. The current cost of cedar wood is $4.00 per square foot from the supplier. Delivery costs are $0.20 per square foot. Carpenters' wages are $20.00 per hour. Payroll costs are $3.00 per hour, and benefits are $6.00 per hour. How much is the direct labor standard cost per hour?
A) $20.00 B) $9.00 C) $23.00 D) $29.00
Which type of promotion has more credibility than other sources of information about a service?
A. Word-of-mouth B. Network television advertising C. Personalized direct mail D. Publicity E. Advertising in prestige magazines
Which of the following would you use to verify that links on Web pages are valid?
A) HTTP B) FTP C) data capture tools D) site management tools
The closing stage in the selling process involves obtaining a purchase commitment from the prospect. This stage is the most important and the most difficult because the salesperson must determine when the prospect is ready to buy. Telltale signals indicating a readiness to buy include
A. eye contact, confirmatory phone calls, and requests for assurance. B. questions, statements, and financial negotiations. C. body language, statements, and questions. D. negotiations, questions, and requests for assurance. E. questions, financial negotiation, and counteroffers.