An adjusting entry always involves two balance sheet accounts

Which of the following statements regarding Safe Harbor 401(k) Plans is CORRECT?

A) The penalty for early withdrawal is 25%. B) Employees must be 25 years old to be eligible participants. C) Employers may deduct up to 25% of their contributions to the Plan. D) Contributions are included in employee taxable income.

Most researchers agree that leadership and management are basically the same concept

a. true b. false