Jessica has a Roth IRA. Which of the following statements is TRUE?
A) Her IRA contributions are not tax deductible.
B) Her IRA distributions are taxed.
C) Distributions before age 70½ are assessed an excise tax.
D) She may not use any distributions toward the purchase of her first home.
Ans: A) Her IRA contributions are not tax deductible.
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Pat has to select the right paper clips to purchase for her office. She looks at the office supply catalog and picks the first one that is priced reasonably. Which method of making a decision does she use?
A. forecasting B. optimizing C. satisficing D. maximizing E. brainstorming
According to the text, while there is no single, optimal number, traditional guidelines suggest that there should be between ________ categories when using itemized rating scales
A) one and four B) five and nine C) 10 and 14 D) 12 and 15 E) 15 and 19