Ann Is the Sole Owner of a Computer Store and Established

question 60

Multiple Choice

Ann is the sole owner of a computer store and established a simplified employee pension plan (SEP) for herself and her two full-time employees. Her net self-employment income for the year is $70,000. The maximum amount she can contribute to her SEP is

• A)$9,130
• B)$10,500
• C)$14,000
• D)$17,500
• E)$49,000

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Definitions:

Reach

A measure of the extent to which a message, advertisement, or marketing campaign is seen or recognized by the target audience.

Exposure

The degree to which a target audience comes into contact with a message through a specific marketing channel or advertising medium.

Maximizing Message

Enhancing the effectiveness and impact of a communication to ensure maximum comprehension and retention by the target audience.

Minimizing Costs

The process of reducing expenses and outlays to the lowest possible level while maintaining the quality and efficiency of operations.