Which of the following statements is (are) true with respect to SIMPLE retirement plans?
I. Only large employers can start a SIMPLE plan, provided the employer does not maintain another qualified plan.
II. SIMPLE plans are exempt from most nondiscrimination and administrative rules that apply to qualified plans.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
Business
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An advantage of licensing as a method of entering global competition is:
A. That the licensing company takes on less risk and expense B. That the licensing company has control over its technology C. That the licensing company has control over quality levels D. That the licensing company utilizes lower production costs E. None of the above
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Relationship retailing is a short-term approach
Indicate whether the statement is true or false
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