Posie Is an Employee of Geiger Technology and Earns $90,000

question 71

Multiple Choice

Posie is an employee of Geiger Technology and earns $90,000 in 2016.The maximum amount Geiger can contribute to a profit sharing plan on behalf of Posie is

• A)$6,000
• B)$13,500
• C)$22,500
• D)$25,000
• E)$49,000

---

Definitions:

Acquiring

The act of obtaining or gaining possession of resources, assets, or companies.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machinery, and devices.

Customer Participation

The involvement of customers in the production process or service delivery, which can influence their perceptions of the service quality.

Design of the Service

The process of planning and organizing people, infrastructure, communication, and material components of a service in order to improve its quality and the interaction between the service provider and its customers.