Answer:
B) $2,000 is taxable and a 10% penalty will be imposed
Explanation:
Coverdell ESA distributions that are not used for qualifying educational expenses must be included in the gross income of the beneficiary and usually will be subject to a 10% tax penalty.
Coverdell ESA contributions are not taxed deductible, but the interest that they earn is not taxed. If the distributions are used to cover qualifying educational expenses, they are not taxed. But if they are not used properly, they must be included in the gross income of the beneficiary and will usually result in a 10% tax penalty (of the unused amount).
Answer:
The employees understood why the decision was made.
Explanation:
An advantage of using employees in the group discussion so they can understand why certain decisions are made.
One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.
Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.