Account numbers on credit-card receipts must be truncated (shortened)

Indicate whether the statement is true or false


T

Business

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All the following statements concerning a Roth 401(k) plan are true EXCEPT

A) After-tax dollars are used to fund the plan. B) Investment earnings accumulate on a tax-free basis. C) Employees at all income levels may contribute to the plan, but annual contributions are limited. D) Qualified distributions at retirement are fully taxable.

Business

Under the floating inventory lien, the borrower is free to sell the merchandise and is expected to remit the amount lent against each item, along with accrued interest, to the lender immediately after the sale

The lender then releases the lien on the appropriate item. Indicate whether the statement is true or false

Business

There is absolutely no difference on an economic basis between a stock dividend and a stock split

Indicate whether this statement is true or false.

Business

What characteristics differentiate application software from system software?

Business