Some revenue and expense items never go on the tax return, but do go on the income statement

Which statement(s) is(are) true with regard to qualified retirement plans?

I. Distribution from qualified plans are not taxable. II. Investment income accumulates tax-deferred in qualified plans. a) I only b) II only c) Both I and II d) Neither I nor II

The stages of development for a transnational company are: domestic, international, multinational, global, and transnational

Indicate whether the statement is true or false