Which Is Not One of the Advantages of 529 College

question 53

Multiple Choice

Which is not one of the advantages of 529 college savings plans?

• A)You pay no taxes on the account's earnings.
• B)Anyone (your mom,dad,grandparents,uncles,aunts,etc.)can contribute to the account and,in some state-sponsored plans,the contribution is deductible from state taxes.
• C)Even if you are currently in college,you can contribute to a 529 plan,and the earnings won't be taxed if they are used for qualified educational expenses.
• D)Balances left over after completing your education can be rolled over into a Roth IRA.

Identify and differentiate among the scientific management, human relations, and bureaucracy models.

Explain the role of coordination methods and the size of organizations in standardization.

Recognize the principles behind the systems/contingency and transformational models, including their adaptability and approach to management and communication.

Describe how virtual organizations operate and their temporary nature.

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Definitions:

Double-Declining-Balance

An accelerated method of depreciation which doubles the rate at which an asset’s book value depreciates compared to traditional straight-line depreciation, resulting in larger deductions in the early years of an asset’s life.

Market Rate

The prevailing interest rate available in the open market, often influencing or benchmarking loan and savings rates.

Contract Rate

Contract rate refers to the agreed-upon price or interest rate specified within a contract, often related to loans or financial agreements.

Premium

The additional cost above the normal or nominal amount, usually associated with insurance premiums, bond market pricing, or superior products and services.