________ strictly limits the definition of "independent contractors," so that employers cannot avoid legal obligations by classifying workers as self-employed when the organization receives the benefits of a permanent employee.
A. The Consolidated Omnibus Budget Reconciliation Act (COBRA)
B. The Internal Revenue Service
C. Employee Benefit Research Institute
D. The Bureau of Labor Statistics
E. The Employee Retirement Income Security Act (ERISA)
Answer: B
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The Sarbanes-Oxley Act has had an insignificant effect on the relationship between the company and the internal auditor
Indicate whether the statement is true or false
______ are nonverbal symbols that have a direct verbal translation and are widely understood by the members of a culture.
a. Illustrators b. Emblems c. Cues d. Clues
Which of the following best defines federal preemption?
A) It is a constitutional doctrine that empowers the U.S. Congress to regulate commerce with foreign nations, with Indian tribes, and among the states. B) It is a constitutional doctrine declaring that any federal law or treaty that directly conflicts with a state or local law is void. C) It is a constitutional doctrine whereby the legislative branch enacts laws, the executive branch sees that the laws are executed, and the judicial branch interprets the laws. D) It is a constitutional doctrine stating that in an area in which federal regulation is pervasive, state legislation cannot stand.
Stock A has a beta of 0.7, whereas Stock B has a beta of 1.3. Portfolio P has 50% invested in both A and B. Which of the following would occur if the market risk premium increased by 1% but the risk-free rate remained constant?
A. The required return on Portfolio P would increase by 1%. B. The required return on both stocks would increase by 1%. C. The required return on Portfolio P would remain unchanged. D. The required return on Stock A would increase by more than 1%, while the return on Stock B would increase by less than 1%. E. The required return for Stock A would fall, but the required return for Stock B would increase.