All of the following are true regarding key employee, Financial Management

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All of the following are true regarding key employee

All of the following are true regarding Key Employee Disability Income insurance, EXCEPT:

A: The employer owns the policy

B: Premiums are not tax deductible for the employer

C: Benefits are taxable to the employer

D: Benefits are payable to the employer to retrain a new person

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Financial Management: All of the following are true regarding key employee

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Financial Management: All of the following are true regarding key employee

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