What are the disadvantages of an ESOP retirement plan?
A) Your retirement account is not diversified.
B) The return on your account is subject to the success of the company.
C) If the company files for bankruptcy, the stock in your account could become worthless.
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
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One criticism not normally aimed at a balance sheet prepared using current accounting and reporting standards is
a. failure to reflect current value information. b. the extensive use of separate classifications. c. an extensive use of estimates. d. failure to include items of financial value that cannot be recorded objectively.
The preemptive message strategy works best for a firm that is clearly the brand leader and is the dominant company in the industry
Indicate whether the statement is true or false