This topic contains a solution. Click here to go to the answer

Author Question: Which profit-sharing plan provides tax advantages for employees by postponing income taxes, often ... (Read 35 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
Which profit-sharing plan provides tax advantages for employees by postponing income taxes, often until the employee retires?
 
  A) cash plan
  B) Lincoln incentive system
  C) deferred profit-sharing plan
  D) employee stock ownership plan

Question 2

All merit raises become part of an employee's base salary.
 
  Indicate whether this statement is true or false.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

Answer: C

Answer to Question 2

Answer: TRUE




tingc95

  • Member
  • Posts: 556
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library