BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 9

10. Which of the following employee benefits has the greater value?
Use the formula given in the “Financial Planning Calculations” box on
page 56 to compare these benefits. (Assume a 28 percent tax rate.)
A nontaxable pension contribution of $4,300 or the use of a company car
with a taxable value of $6,325.
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BUSN 380 Week 1 Quiz Set 1
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BUSN 380 Week 1 Quiz Set 1
Question 1. Question : (TCO 1) When a person faces a trade-off and
must give up something by making a choice,
this is referred to as
taking out a loan.
opportunity cost.
the evaluation of alternatives.
a decision-making process.
a dilemma.
Question 2. Question : (TCO 1) In financial planning, a major activity
component involves the
allocation of current resources for spending.
evaluation of investment alternatives.
evaluation of one's career.
selection of insurance coverage.
establishment of credit.