For which reason does the IRS use the term "key employees"?
A) non-discrimination rules in retirement benefits
B) non-discrimination rules in health insurance benefits
C) top-heavy provisions in employer-sponsored qualified retirement plans
D) top-heavy provisions in employer-sponsored health insurance plans
Answer: C
You might also like to view...
In which of the following situations is the marketer selling an idea, rather than a service or good?
A. The Green Party holds a press conference to let the public know its views on capital punishment. B. Charity organization Friends of Families publicizes it charitable activities in African countries to collect funds. C. Skin-So-Soft Salons offer consultations to help customers determine their skin type and the products best suited for their skin. D. GreenLawns is a private school that focuses on arts and humanities in addition to traditional subjects. E. Bluegray Jeans markets its jeans using a famous actor in its advertisements, to convey an impression of ruggedness and durability.
Critical thinking and judgment skills are not necessary for accountants because technology has made the activities routine
Indicate whether the statement is true or false