Small business owners have a number of retirement plans available to them. One type of plan is limited to employers with 100 or fewer eligible employees

Under this type of plan, small employers are exempt from most of the nondiscrimination and administrative rules that apply to qualified plans. Such plans are called
A) Keogh plans.
B) SIMPLE retirement plans.
C) cash balance plans.
D) profit sharing plans.

Answer: B

Business

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A strategic approach to the study of retailing stresses _____

a. lowering retail costs b. the types of retailing and their development c. planning for and adapting to a complex, changing environment d. merger, acquisition, and downsizing opportunities

Business

One goal of mortgage financing should be selecting the type of mortgage that results in the highest interest expense

Indicate whether the statement is true or false.

Business