They want to start a program through their practice that will provide retirement benefits for themselves & three other employees. They would likely choose <u>HR-10 (Keogh Plan)</u><u>,</u> the correct option is D.
<h3>What is Keogh Plan?</h3>
For retirement, self-employed people and unincorporated businesses can use a Keogh plan, which is a tax-deferred pension plan. Defining a Keogh plan as either a defined-benefit or defined-contribution arrangement is possible, though the latter is how most plans are set up.
Contributions are typically tax deductible up to a predetermined percentage of annual income, with applicable absolute limits in U.S. dollars, which the Internal Revenue Service (IRS) can alter annually.
Self-employed individuals and unincorporated businesses, such as sole proprietorships and partnerships, can participate in Keogh plans as retirement plans. The creation and use of a Keogh plan for retirement is not permitted for independent contractors.
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Looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
<h3>What is a
cash inflow?</h3>
A cash inflow can be defined as an amount of money that flows into a business firm.
<h3>What is a statement of cash flows?</h3>
A statement of cash flows is also referred to as cash flow statement and it can be defined as a financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.
As a general rule in business management, looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
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The persuasive techniques that were used in the given poster are; Option A; glittering generalities about the viewer. and Option C; fear over a possible outcome
The poster is missing and so i have attached it.
The painting in the attached image was one created by Norman Rockwell released by the United Kingdom's Royal Navy during World War II.
The intentions and message the poster is trying to communicate is very direct because it tells us that if the workers waste time, the production rate of ships and destroyers will definitely decrease and as such the war will continue and it will take a far longer time to win the war.
The persuasive technique used in this poster is that it shows the glittering generalities about the viewer and from the images fear over a possible outcome.
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A standardized test taken by most high school Juniors and Seniors in order to qualify for college admittance and scholarships
