BUSINESS HIGH SCHOOL

What do 401(k) plans and IRAs have in common?

Answers

Answer 1
Answer:

1. They both grow tax deferred

2. Most contributions are pre-tax

3. You must leave the money in until age 59.5 or you will pay a penalty for taking it out under age

Answer 2
Answer:

Answer:

top person is correct

Explanation:

Related Questions

Hours worked: 46Regular rate of pay: $7.82 per hourRound your answers to two decimal places. trying to find the gross paygross pay: $
Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth parcel__1__ be sold because __2__ will purchase it from the seller for at least the minimum price.1) A. WillB. Will not2) A. No oneB. Ravi ($690,000)C. Maria ($720,000)D. Simone ($680,000)
Why is a bank a safe place to put money? A0The government holds banks accountable for lost funds. B)The Federal Deposit Insurance Corporation (FDIC) insures depositors' money. C)Investments from shareholders ensure that banks remain financially sound. D)Banks are backed by the "full faith and credit" of the Federal Reserve.
Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollectible accounts. Accounts not yet due = $270,000; estimated uncollectible = 5%. Accounts 1–45 days past due = $37,500; estimated uncollectible = 10%. Accounts more than 45 days past due = $15,000; estimated uncollectible = 15%. Before recording any adjustments, Dhaliwal has a debit balance of $67,500 in its allowance for uncollectible accounts. Required: 1. Estimate the appropriate 12/31/2021 balance for Dhaliwal’s allowance for uncollectible accounts. 2. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts?
A school may collaborate with a publishing company such as McGraw-Hill to ensure that the school receives enough books for each enrolled student. The publishing company is considered the school's ______ partner. a. corporate b. profitable c. competitive d. co-branding

In certain industries, Japanese employers do not lay off workers. Therefore, they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses, they sell goods in overseas markets at prices well beneath those in Japan. This practice is best referred to as:a. trigger pricing.
b. orderly marketing.
c. dumping.
d. domestic content pricing.

Answers

Answer: Option (C)

Explanation:

In discipline such as economics, Dumping is referred to as or known as type of an injuring pricing, which is especially in context to the international trade. It tends to occur when the manufacturers export a commodity or product to another nation at price which is below normal price in order to have an injuring effect. The main objective of the dumping is to help increase the market share of an organization in the foreign market, therefore done by driving out the competition and thus creating a monopoly where exporter are able to dictate quality and price of the commodity.

Key risk indicators are a. indicators of internal control quality b. substantively equivalent to KPIs c. predictive and usually qantitative c. used primarily by risk-aware, risk-averse entities

Answers

Answer:

Key Risk Indicators (KRIs) are:

a. **Indicators of internal control quality**: Partially true. KRIs are used to measure the potential risk and thus can indicate the effectiveness of internal controls. However, they are not direct measures of control quality.

b. **Substantively equivalent to KPIs**: False. While both KRIs and Key Performance Indicators (KPIs) are important business metrics, they serve different purposes. KPIs measure performance towards goals, while KRIs measure potential risks that could prevent reaching those goals.

c. **Predictive and usually quantitative**: True. KRIs are typically quantitative metrics that can help predict potential risks.

d. **Used primarily by risk-aware, risk-averse entities**: True. Organizations that are aware of potential risks and want to mitigate them often use KRIs to monitor risk levels.

Please note that the exact use and definition of KRIs can vary depending on the organization and industry.

Explanation:

Final answer:

Key risk indicators (KRIs) are predictive and quantitative indicators used primarily by risk-aware, risk-averse entities to assess and monitor potential risks in a business or organization.

Explanation:

Key risk indicators (KRIs) are predictive and quantitative indicators used primarily by risk-aware, risk-averse entities to assess and monitor potential risks in a business or organization. They help in evaluating the effectiveness of risk management strategies and identifying areas of concern that may require attention.

KRIs are not indicators of internal control quality, as they focus on identifying potential risks rather than evaluating the quality of internal controls. They are also different from Key Performance Indicators (KPIs), which measure the performance and progress of a business in achieving its goals.

For example, in a financial institution, a KRI could be the percentage of loans in default, which indicates the potential risk of loan defaults and the need for risk mitigation measures. Another KRI could be the frequency of cybersecurity incidents, which helps assess the potential risk of data breaches and guides the implementation of appropriate security measures.

Learn more about Key risk indicators here:

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What is a job outpost?

Answers

Job outpost is also known as job openings. It is usually posted on job listing websites or news papers. Job outpost is both advantage to employers and workers since its the easiest way to find a job and find an employee.

Niren, Inc.'s charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at its initial offering for $1 per share. The journal entry to record this transaction will include a_________.

Answers

Answer:

Dr Cash account 100

Cr Common Stock account 100

Explanation:

When a company sells stock they must record the value of the stock sold at par value in the common stock account. Any extra money received should go to the capital paid-in excess of par value account.

In this case, Niren sold 100 shares at par value ($1), so $100 should be recorded in the common stock account.

Explanation of own capital

Answers

Capital is the money that is being used in order to start an individual or corporation business.
Own meaning self.
Thus own capital means self capital or your own money being used to start a business.

Which of the following is used by a seller to deceive a buyer?a. bait and switch
b. contest
c. display
d. introductory offer

Answers

Seller deceive a buyer by using A. BAIT AND SWITCH.

Seller lures the buyer into buying a product, bait. Seller presents all benefits of the products using the bait product. When the buyer decides to buy the product, the seller will then switch the bait product into another product that may be of lower value than the bait product. 

In the event that the buyer will complain to the seller regarding the product bought, seller will defend him or herself by insisting that the product given was the product tested by the buyer.

The answer is A. bait and switch


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