The Accumulated Depreciation account is a permanent account

Last year Wendell, age 57, withdrew $1,500 from his IRA, which consists entirely of pretax contributions. In addition to including that amount in his taxable income, he has to pay a penalty of

A) 50 B) 150 C) 300 D) 100

The modern customer-oriented organization chart places top management at the top of the pyramid

Indicate whether the statement is true or false