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Which of the following statements concerning 401(k) plans is (are) correct?
I. A 401(k) plan can allow for employee salary deferral contributions, employer-matching contributions, and employer profit-sharing contributions.
II. Employee salary deferral contributions can be distributed 2 years after they have been made.
A. I only
B. II only
C. Both I and II
D. Neither I nor II
The composition of the group; namely the subsidiaries, associates, any joint ventures and any other significant investments Why did the parent entity have to prepare consol idated financial statements when the subsidiary company is a separate legal..
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Assume you've two bank accounts, one called Account A and another Account B. Account A will be worth $4,700.00 in one year. Account B will be worth $7,900.00 in two years. Both accounts earn 3.8% interest. What is the present value of each of thes..
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John R. Lane (SSN 123-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. He wants to take advantage of the presidential election campaign check-off. John is an accountant. Other relevant information includes
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Using the appropriate tabels find out how much will be accumulated in the fund on December 31, 2012 under each of the following situations:
Supposing that the retirement benefit is the only consideration in making retirement decision, should Ms. Pena accept her employer's offer? Identify the factors which cause the present value of retirement benefits to be less then $500,000.
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