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Answer:
A)The student beneficiary will use the money to pay for high school expenses.
Explanation:
A Coverdell Education Savings Account can be used for elementary, secondary, or higher education expenses (college). The money can be used to pay for public, private, or religious schools. On the other hand, 529 plans can only be used to pay for higher education expenses (college).
The maximum contribution to a Coverdell Education Savings Account is $2,000 per year per child and the contribution is not tax deductible. But when the distributions are taken to pay for the child's qualified education expenses, then they are not taxed.
Answer: Professional networking
Explanation:
The professional networking is one of the type of networking that focus on accessing the data or information on the international level and it also maintain the relationship of the trust in an organization.
It basically include the development of effective coalitions in an organization and structure the professional goals for developing the professional network.
Therefore, Professional networking is the correct answer.
The core goal of business is to generate long term relationships by delivering quality products to their customers.
