Which of the Following Statements Comparing Qualified Defined Contribution Plans

question 84

Multiple Choice

Which of the following statements comparing qualified defined contribution plans and nonqualified deferred compensation plans is false?

• A)Employers must fund qualified defined contribution plans but not nonqualified deferred compensation plans.
• B)Qualified defined contribution plans are subject to formal vesting requirements while nonqualified deferred compensation plans are not.
• C)Distributions from both types of plans are taxed at ordinary income tax rates.
• D)In terms of tax consequences to the employee, earnings on qualified plans (except Roth plans)are deferred until distributed to the employee but earnings on nonqualified plans are immediately taxable.

Analyze the effects of external cues on memory recall.

Understand common errors and phenomena associated with memory (e.g., source-monitoring error, misinformation effect).

Grasp the structure and implications of semantic networks and schemas on memory.

Appreciate the role of context and cues in memory retrieval.

---

Definitions:

Production Constraint

Any factor that limits the output of a production process, such as limited machine capacity or shortages of materials or labor.

Constrained Resource

A limited resource that restricts an organization's ability to produce goods or services, affecting throughput and operational efficiency.

Fixed Cost

Expenses that do not change in total over a wide range of activity levels or over the short term, such as rent or salaries.

Special Order

is an order that is outside of a company’s normal production schedule and often requires unique specifications or pricing.