Which of the following are potential benefits of a 401(k) or 403(b) plan?

I. You can make yourself low-interest loans.
II. You can save for retirement.
III. Your contributions to the plan are tax-free.
IV. Your contributions to the plan are tax-deferred.
A) I, II, III and IV
B) I, II, and III only
C) I, II and IV only
D) I and II only

C

Business

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A summary of the revenue and expenses FOR A SPECIFIC PERIOD OF TIME, such as a month or a year, is called a(n) _____________.

Fill in the blank(s) with the appropriate word(s).

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When does product line stretching occur?

What will be an ideal response?

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