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For Compensation Plans Adopted by a Publicly Traded Company in the Current

Question 41

Multiple Choice

For compensation plans adopted by a publicly traded company in the current year, when a CEO's salary exceeds $1,000,000, the employee ______ taxed on the entire amount, and the employer ______ allowed a deduction on the entire amount.


A) is; is
B) is; is not
C) is not; is
D) is not; is not

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