Which of the Following Is the Primary Benefit of Employee

question 31

Multiple Choice

Which of the following is the primary benefit of employee stock ownership plans?

• A)Firms are able to implement the plans with minimal costs and complications.
• B)Firms pay distribution taxes for employees prior to retirement.
• C)Firms may borrow against employee stock held in trust.
• D)Employees are able to diversify their investments.

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Definitions:

Job Classification

The categorization of jobs or positions within an organization based on duties, responsibilities, and pay scales.

Prorated Refund

A refund amount calculated to give back the proportionate value of an unused service or product, adjusted according to the time left or not consumed.

Fitness Club

A facility equipped with exercise equipment and often offering a variety of fitness, aerobic, and workout classes to its members.

Business Mathematics

The study of mathematics used by commercial enterprises to record and manage business operations.