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Which of the Following Statements Is (Are)true with Respect to Profit-Sharing

question 11

Multiple Choice

Which of the following statements is (are) true with respect to profit-sharing plans?
I.There is no limit on the amount that an employer can contribute annually to an employee's account under a profit sharing plan.
II.Profit sharing plans offer greater funding flexibility for employers than under other qualified plans.


Definitions:

Scaffolding

An educational technique where a teacher provides successive levels of temporary support to help students achieve higher levels of comprehension and performance.

Vygotsky

Lev Vygotsky was a Soviet psychologist known for his work on psychological development in children.

Scaffolding

A teaching method that involves providing support to students as they learn new concepts, gradually reducing the support as the students become more proficient.

Zone of Proximal Development

Vygotsky's concept describing the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.

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