Which of the following statements about executive bonus plans is NOT correct?
A) They are considered nonqualified plans.
B) At the employee's death, the company receives the death proceeds free of tax.
C) The bonus paid to the employee is includable in his gross income.
D) The employee is the policyowner."
Answer: B) At the employee's death, the company receives the death proceeds free of tax.
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Research by Morgan Stanley indicates that the United States is home to more companies with global competitive advantage than any other country
Indicate whether the statement is true or false
Return on quality approach:
A) is a targeted approach to quality investments. B) advocate all quality expenditures are equally valid. C) focuses on actual quality improvements than on the cost of quality. D) does not monitor the overall progress.