The first choice in a decision tree is the leftmost decision node

An individual 401(k) plan combines a profit sharing plan with an individual 401(k) plan.

a. true b. false

A broker pays a salesperson on a commission plan and withholds federal income taxes, pays social security taxes and has a comprehensive medical plan available. Which of the following would BEST describe this relationship the salesperson has with the broker?

A. Independent contractor and the broker would issue a W-2 form. B. Independent contractor and the broker would issue a 1099 form. C. Employee and the broker would issue a W-2 form. D. Employee and the broker would issue a 1099 form.