Question

roberta works for microsoft, a publicly traded company that sponsors a stock bonus plan. which of the following statements is not correct regarding the plan? group of answer choices if roberta has less than three years of service, she is permitted to diversify one-half of company match contributions that consist of microsoft stock. roberta is permitted to vote the shares of microsoft within her account. upon termination, roberta must be given the right to receive microsoft stock held in the plan as part of a distribution. if the distribution of microsoft stock is made to roberta in installments over a two year period, then the fair market value of all employer securities distributed in the installment distribution will be taxable as ordinary income.

Answer 1

The incorrect statement about Microsoft's stock bonus plan likely involves specifics about vesting periods, shareholder rights, or tax implications of stock distributions.

Step-by-step explanation:

The question pertains to a stock bonus plan sponsored by Microsoft, a publicly traded company. The statements given for evaluation include conditions about stock diversification, voting rights, the right to receive stock upon termination, and tax implications of the stock distribution.

Considering the usual provisions of such plans and the information provided, it can be said that most companies, including corporate giants like IBM, AT&T, Ford, General Electric, and Exxon, have many shareholders that collectively own the company, making it uncommon for one individual to have a controlling stake.

Therefore, the statement that is not correct regarding the plan could be related to these aspects - notably, policies on vesting, voting, distribution, or taxable events.