Nonqualified Deferred Compensation Plans Are Prohibited from Discriminating in Favor

question 43

True/False

Nonqualified deferred compensation plans are prohibited from discriminating in favor of highly compensated employees.

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Definitions:

Inter-Organizational Conflict

Disputes or disagreements that arise between different organizations or enterprises.

Counterculture Organization

A counterculture organization refers to a group or structure which operates with values and practices that are markedly different from those of the mainstream society or predominant organizational cultures.

Subculture Dominated Organization

An organization where the dominant culture is overshadowed by stronger subcultures within its structure.

Multicultural Organization

An organization that not only contains diverse cultural groups but also values and leverages this diversity to achieve organizational goals.