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Author Question: Plans in which a corporation contributes shares of its own stock to a trust established to purchase ... (Read 136 times)

stock

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Question 1

Tanner's employer puts a predetermined portion of profits into a trust account for Tanner's retirement. Which of the following is most likely the type of profit-sharing plan used by Tanner's employer?
◦ cash plan
◦ gainsharing plan
◦ deferred profit-sharing plan
◦ Jefferson incentive system

Question 2

Plans in which a corporation contributes shares of its own stock to a trust established to purchase shares of the firm's stocks for employees are known as ________.
◦ employee stock ownership plans
◦ cash plans
◦ Jefferson incentive systems
◦ deferred profit-sharing plans


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Marked as best answer by stock on Sep 23, 2019

sultana.d

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