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

question 76

Multiple Choice

Posie is an employee of Geiger Technology and earns $90,000 in 2012.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

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Definitions:

Big Business

Large-scale commercial enterprises that have significant influence on the economy and politics of a country.

Organized Labor

A collective association of workers, often a union, formed to protect and further their rights and interests.

Push Poll

A misleading survey designed to influence or alter the view of respondents under the guise of conducting a poll.

Disseminate Negative Information

The act of spreading harmful or unfavorable data or news widely.