Suppose that after graduation, you will either buy a new car (event A) or take a trip to Europe (event B). In this case, events A and B are mutually exclusive

Which of the following is NOT true for SIMPLE IRA plans?

A) Company matches dollar-for-dollar up to three percent of the employee's salary. B) Employee contribution limit is $10,000. C) Each employee should have received at least $16,000 in employee compensation for each of the past two years. D) Participants are vested immediately.

A key system is an expensive alternative to PABX, PBX, and Centrex

Indicate whether the statement is true or false.