The best time to buy stock is at the peak of an economic cycle

Which of the following statements concerning qualified retirement plans is NOT correct?

A) Employer-sponsored IRAs are considered qualified retirement plans. B) Employer contributions to a qualified plan are tax deductible as a business expense. C) The earnings of a qualified plan are not taxed until they are distributed. D) Employer contributions to a qualified plan on behalf of its employees are taxable income to the employees when they are made.

What is the maximum amount a manager would be willing to pay for one additional hour of machining time?

What will be an ideal response?