Tax-deferred retirement plans are a type of

A) exemption.
B) itemized deduction.
C) passive income.
D) tax shelter.
E) tax credit.

Answer: D) tax shelter.

Business

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Which one of the following is not needed in preparing a production budget?

a. Budgeted unit sales b. Ending finished goods units c. Beginning finished goods units d. Budgeted raw materials

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According to the "Laws of Public Opinion," public opinion reveals the power of ________

A) words alone B) hardheaded common sense C) unusual events to create stable opinions D) methods to achieve goals

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