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NEW QUESTION: 1
Which of the following statements regarding profit-sharing plans is false?
A. Employees are not permitted to make contributions of their own to a profit-sharing plan.
B. The withdrawals made by an employee from a profit-sharing plan are taxable as ordinary income.
C. A profit-sharing plan must stipulate a minimum employer contribution that will be made, even in less profitable years.
D. The employer can deduct contributions made to a profit-saving plan, within specific guidelines.
Answer: C
Explanation:
Explanation/Reference:
Explanation: The false statement is that a profit-sharing plan must stipulate a minimum employer contribution that will be made, even in less profitable years. Under a profit -sharing plan, the employer need make no contribution whatsoever if the firm has had a bad year.
NEW QUESTION: 2
How is encryption set for a Unity storage system?
A. Clicking the "Mode" checkbox on the Manage Encryption page
B. First time the license is applied
C. Automatically set at the factory
D. Selecting "Status" on the Manage Encryption page
Answer: B
Explanation:
Explanation
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NEW QUESTION: 3
A. Option D
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D. Option C
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Explanation:
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Which humidifier is used by the NetCol 8000-A?
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D. High pressure micro-mist humidifier
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