When Amazon

question 84

True/False

When Amazon.com asks visitors to its Internet site to create wish lists and then invites them to send the lists to people who may be planning on buying them a present soon,it is relying on Web-based interactions to help it learn about its customers.

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Definitions:

Tax-Deductible

Expenses that can be subtracted from one's taxable income, effectively reducing the tax liability.

SIMPLE Plan

Savings Incentive Match Plan for Employees, a type of tax-deferred employer-provided retirement plan that allows small businesses to set aside money and invest it for employees.

Vested

A status where an employee has earned the right to keep benefits, often pertaining to retirement plans, regardless of employment status.

Pension Plan

A retirement plan that requires an employer to contribute to a pool of funds set aside for an employee's future benefit.