Author Question: Employers seek to qualify their pension plans under the IRS provisions because ________. a. once ... (Read 63 times)

Marty · **on:** Jul 7, 2018

Employers seek to qualify their pension plans under the IRS provisions because ________.

a. once a pension plan is qualified, the employees begin to pay taxes for the amount of money invested in the pension plan by them as well as the employer
b. once a pension plan is qualified, the Pension Benefit Guarantee Corporation begins contributing to the pension plan in place of the employer
c. by qualifying the pension plan, an employer can deduct pension contributions made to the qualified plan as business expenses for tax purposes
d. by qualifying the pension plan, an employer can prevent union members from receiving the benefits of the pension plan

Question 2

Which of the following would enable a firm to hire the fastest?

A) hiring the first candidate who exceeds a minimum cut score
B) using unit weighting to determine the best candidate
C) creating bands to pick out the candidates who perform best
D) using rational weighting method to expedite the hiring process