SlideShare a Scribd company logo
Which one of the following statements is NOT correct?
a. A company which adopts a profit-sharing plan is required to make annual contributions to the
plan.
b. Profit-sharing plans fall under the broad category of defined contribution plans.
c. The maximum tax-deductible employer contribution to a profit-sharing plan is 25% of covered
compensation.
d. Profit-sharing plans are best suited for companies which have unstable cash flows.

More Related Content

More from AASTHASTYLETRADITION

Un correo electrnico inapropiado Roger Miller director de.pdf
Un correo electrnico inapropiado  Roger Miller director de.pdfUn correo electrnico inapropiado  Roger Miller director de.pdf
Un correo electrnico inapropiado Roger Miller director de.pdf
AASTHASTYLETRADITION
 
Todos los siguientes son ejemplos de generadores de costos d.pdf
Todos los siguientes son ejemplos de generadores de costos d.pdfTodos los siguientes son ejemplos de generadores de costos d.pdf
Todos los siguientes son ejemplos de generadores de costos d.pdf
AASTHASTYLETRADITION
 
The probability that a person responds to a mailed questionn.pdf
The probability that a person responds to a mailed questionn.pdfThe probability that a person responds to a mailed questionn.pdf
The probability that a person responds to a mailed questionn.pdf
AASTHASTYLETRADITION
 
The following is true about the Balance Sheet I Net Fixed .pdf
The following is true about the Balance Sheet I Net Fixed .pdfThe following is true about the Balance Sheet I Net Fixed .pdf
The following is true about the Balance Sheet I Net Fixed .pdf
AASTHASTYLETRADITION
 
The American Red Cross has isssued statements indicating tha.pdf
The American Red Cross has isssued statements indicating tha.pdfThe American Red Cross has isssued statements indicating tha.pdf
The American Red Cross has isssued statements indicating tha.pdf
AASTHASTYLETRADITION
 
Students will build a virtual digital forensics lab for the .pdf
Students will build a virtual digital forensics lab for the .pdfStudents will build a virtual digital forensics lab for the .pdf
Students will build a virtual digital forensics lab for the .pdf
AASTHASTYLETRADITION
 
Should countries like the US Canada and the UK allow Chin.pdf
Should countries like the US Canada and the UK allow Chin.pdfShould countries like the US Canada and the UK allow Chin.pdf
Should countries like the US Canada and the UK allow Chin.pdf
AASTHASTYLETRADITION
 
SCENARIO A small manufacturing company with a limited Inform.pdf
SCENARIO A small manufacturing company with a limited Inform.pdfSCENARIO A small manufacturing company with a limited Inform.pdf
SCENARIO A small manufacturing company with a limited Inform.pdf
AASTHASTYLETRADITION
 
Question A Company may raise capital by granting fixed and .pdf
Question A Company may raise capital by granting fixed and .pdfQuestion A Company may raise capital by granting fixed and .pdf
Question A Company may raise capital by granting fixed and .pdf
AASTHASTYLETRADITION
 
Pregunta 4 La relacin entre bpendiente y rcoeficiente de.pdf
Pregunta 4  La relacin entre bpendiente y rcoeficiente de.pdfPregunta 4  La relacin entre bpendiente y rcoeficiente de.pdf
Pregunta 4 La relacin entre bpendiente y rcoeficiente de.pdf
AASTHASTYLETRADITION
 
Organic molecule Digested by what enzyme Monomers produce.pdf
Organic molecule Digested by what enzyme Monomers produce.pdfOrganic molecule Digested by what enzyme Monomers produce.pdf
Organic molecule Digested by what enzyme Monomers produce.pdf
AASTHASTYLETRADITION
 
Lahn placed 100 in a certificate of deposit After three ye.pdf
Lahn placed 100 in a certificate of deposit After three ye.pdfLahn placed 100 in a certificate of deposit After three ye.pdf
Lahn placed 100 in a certificate of deposit After three ye.pdf
AASTHASTYLETRADITION
 
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdfMeksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
AASTHASTYLETRADITION
 
Maria is having an argument with her father He believes tha.pdf
Maria is having an argument with her father He believes tha.pdfMaria is having an argument with her father He believes tha.pdf
Maria is having an argument with her father He believes tha.pdf
AASTHASTYLETRADITION
 
During the First Gulf War the administration of President Ge.pdf
During the First Gulf War the administration of President Ge.pdfDuring the First Gulf War the administration of President Ge.pdf
During the First Gulf War the administration of President Ge.pdf
AASTHASTYLETRADITION
 
Need help please Given the following sentences convert them.pdf
Need help please Given the following sentences convert them.pdfNeed help please Given the following sentences convert them.pdf
Need help please Given the following sentences convert them.pdf
AASTHASTYLETRADITION
 
Eataly reinventando la tienda de comestibles 1 Introducc.pdf
Eataly reinventando la tienda de comestibles   1 Introducc.pdfEataly reinventando la tienda de comestibles   1 Introducc.pdf
Eataly reinventando la tienda de comestibles 1 Introducc.pdf
AASTHASTYLETRADITION
 
A publication of the Securities and Exchange Commission SEC.pdf
A publication of the Securities and Exchange Commission SEC.pdfA publication of the Securities and Exchange Commission SEC.pdf
A publication of the Securities and Exchange Commission SEC.pdf
AASTHASTYLETRADITION
 
31 Coach class For this class you only need to implement .pdf
31 Coach class  For this class you only need to implement .pdf31 Coach class  For this class you only need to implement .pdf
31 Coach class For this class you only need to implement .pdf
AASTHASTYLETRADITION
 
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdfirket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
AASTHASTYLETRADITION
 

More from AASTHASTYLETRADITION (20)

Un correo electrnico inapropiado Roger Miller director de.pdf
Un correo electrnico inapropiado  Roger Miller director de.pdfUn correo electrnico inapropiado  Roger Miller director de.pdf
Un correo electrnico inapropiado Roger Miller director de.pdf
 
Todos los siguientes son ejemplos de generadores de costos d.pdf
Todos los siguientes son ejemplos de generadores de costos d.pdfTodos los siguientes son ejemplos de generadores de costos d.pdf
Todos los siguientes son ejemplos de generadores de costos d.pdf
 
The probability that a person responds to a mailed questionn.pdf
The probability that a person responds to a mailed questionn.pdfThe probability that a person responds to a mailed questionn.pdf
The probability that a person responds to a mailed questionn.pdf
 
The following is true about the Balance Sheet I Net Fixed .pdf
The following is true about the Balance Sheet I Net Fixed .pdfThe following is true about the Balance Sheet I Net Fixed .pdf
The following is true about the Balance Sheet I Net Fixed .pdf
 
The American Red Cross has isssued statements indicating tha.pdf
The American Red Cross has isssued statements indicating tha.pdfThe American Red Cross has isssued statements indicating tha.pdf
The American Red Cross has isssued statements indicating tha.pdf
 
Students will build a virtual digital forensics lab for the .pdf
Students will build a virtual digital forensics lab for the .pdfStudents will build a virtual digital forensics lab for the .pdf
Students will build a virtual digital forensics lab for the .pdf
 
Should countries like the US Canada and the UK allow Chin.pdf
Should countries like the US Canada and the UK allow Chin.pdfShould countries like the US Canada and the UK allow Chin.pdf
Should countries like the US Canada and the UK allow Chin.pdf
 
SCENARIO A small manufacturing company with a limited Inform.pdf
SCENARIO A small manufacturing company with a limited Inform.pdfSCENARIO A small manufacturing company with a limited Inform.pdf
SCENARIO A small manufacturing company with a limited Inform.pdf
 
Question A Company may raise capital by granting fixed and .pdf
Question A Company may raise capital by granting fixed and .pdfQuestion A Company may raise capital by granting fixed and .pdf
Question A Company may raise capital by granting fixed and .pdf
 
Pregunta 4 La relacin entre bpendiente y rcoeficiente de.pdf
Pregunta 4  La relacin entre bpendiente y rcoeficiente de.pdfPregunta 4  La relacin entre bpendiente y rcoeficiente de.pdf
Pregunta 4 La relacin entre bpendiente y rcoeficiente de.pdf
 
Organic molecule Digested by what enzyme Monomers produce.pdf
Organic molecule Digested by what enzyme Monomers produce.pdfOrganic molecule Digested by what enzyme Monomers produce.pdf
Organic molecule Digested by what enzyme Monomers produce.pdf
 
Lahn placed 100 in a certificate of deposit After three ye.pdf
Lahn placed 100 in a certificate of deposit After three ye.pdfLahn placed 100 in a certificate of deposit After three ye.pdf
Lahn placed 100 in a certificate of deposit After three ye.pdf
 
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdfMeksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
Meksika pezosu ABDye kar deer kazanrsa aadaki gruplarn her.pdf
 
Maria is having an argument with her father He believes tha.pdf
Maria is having an argument with her father He believes tha.pdfMaria is having an argument with her father He believes tha.pdf
Maria is having an argument with her father He believes tha.pdf
 
During the First Gulf War the administration of President Ge.pdf
During the First Gulf War the administration of President Ge.pdfDuring the First Gulf War the administration of President Ge.pdf
During the First Gulf War the administration of President Ge.pdf
 
Need help please Given the following sentences convert them.pdf
Need help please Given the following sentences convert them.pdfNeed help please Given the following sentences convert them.pdf
Need help please Given the following sentences convert them.pdf
 
Eataly reinventando la tienda de comestibles 1 Introducc.pdf
Eataly reinventando la tienda de comestibles   1 Introducc.pdfEataly reinventando la tienda de comestibles   1 Introducc.pdf
Eataly reinventando la tienda de comestibles 1 Introducc.pdf
 
A publication of the Securities and Exchange Commission SEC.pdf
A publication of the Securities and Exchange Commission SEC.pdfA publication of the Securities and Exchange Commission SEC.pdf
A publication of the Securities and Exchange Commission SEC.pdf
 
31 Coach class For this class you only need to implement .pdf
31 Coach class  For this class you only need to implement .pdf31 Coach class  For this class you only need to implement .pdf
31 Coach class For this class you only need to implement .pdf
 
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdfirket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
irket rnei Dyson Mteri Sorunlarn Hayal Etmedikleri ekille.pdf
 

Recently uploaded

CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Types of Herbal Cosmetics its standardization.
Types of Herbal Cosmetics its standardization.Types of Herbal Cosmetics its standardization.
Types of Herbal Cosmetics its standardization.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Celine George
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
MARY JANE WILSON, A “BOA MÃE” .
MARY JANE WILSON, A “BOA MÃE”           .MARY JANE WILSON, A “BOA MÃE”           .
MARY JANE WILSON, A “BOA MÃE” .
Colégio Santa Teresinha
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
Nguyen Thanh Tu Collection
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
ak6969907
 
How to Fix the Import Error in the Odoo 17
How to Fix the Import Error in the Odoo 17How to Fix the Import Error in the Odoo 17
How to Fix the Import Error in the Odoo 17
Celine George
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
IreneSebastianRueco1
 
Top five deadliest dog breeds in America
Top five deadliest dog breeds in AmericaTop five deadliest dog breeds in America
Top five deadliest dog breeds in America
Bisnar Chase Personal Injury Attorneys
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
National Information Standards Organization (NISO)
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
simonomuemu
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
WaniBasim
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
taiba qazi
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
Dr. Mulla Adam Ali
 

Recently uploaded (20)

CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Types of Herbal Cosmetics its standardization.
Types of Herbal Cosmetics its standardization.Types of Herbal Cosmetics its standardization.
Types of Herbal Cosmetics its standardization.
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
MARY JANE WILSON, A “BOA MÃE” .
MARY JANE WILSON, A “BOA MÃE”           .MARY JANE WILSON, A “BOA MÃE”           .
MARY JANE WILSON, A “BOA MÃE” .
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
 
How to Fix the Import Error in the Odoo 17
How to Fix the Import Error in the Odoo 17How to Fix the Import Error in the Odoo 17
How to Fix the Import Error in the Odoo 17
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
 
Top five deadliest dog breeds in America
Top five deadliest dog breeds in AmericaTop five deadliest dog breeds in America
Top five deadliest dog breeds in America
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
 

Which one of the following statements is NOT correct a A c.pdf

  • 1. Which one of the following statements is NOT correct? a. A company which adopts a profit-sharing plan is required to make annual contributions to the plan. b. Profit-sharing plans fall under the broad category of defined contribution plans. c. The maximum tax-deductible employer contribution to a profit-sharing plan is 25% of covered compensation. d. Profit-sharing plans are best suited for companies which have unstable cash flows.