A NQDC Plan Cannot Discriminate in Favor of Officers or Other

question 19

True/False

A NQDC plan cannot discriminate in favor of officers or other highly compensated employees.

---

Definitions:

Dollar Price

The cost of a good or service expressed in terms of the amount of U.S. dollars needed to purchase it.

Depreciates

The process by which an asset loses value over time, often due to wear and tear or passage of time.

Yen

The official currency of Japan, known in finance as an essential part of the foreign exchange market.

Balance on Goods

The difference in value between a country's imports and exports of goods.