The insurance program designed to provide medical treatment and temporary payments to employees who cannot work because of an employment-related injury or illness is:
A. unemployment insurance
B. workers’ compensation
C. government disability insurance
D. Social Security disability
E. portability option
B. workers’ compensation
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The value of an offering is described as ________
A) the price consumers are charged for a product B) the cost of manufacturing a product C) the degree to which consumer demand for a product is positive D) the sum of the tangible and intangible benefits and costs to customers E) the intangible benefits gained from a product
The three types of analysis that involve ratios are__________,__________, and ____________________
Fill in the blank(s) with correct word
A gratuitous agent is one who:
A. has no prior experience as an agent. B. is employed to find a buyer for one party and a seller for another. C. freely substitutes his or her judgment for that of the principal. D. acts without pay.
A company purchased inventory for $3,000 from a vendor on account, FOB shipping point, with terms of 3/10, n/30. The company paid the shipper $300 cash for freight in. The company then returned damaged goods worth $300
The invoice was then paid eight days after the purchase. Assuming that there was no beginning inventory balance, the cost of inventory would be ________. (Assume a perpetual inventory system.) A) $2,619 B) $2,919 C) $2,700 D) $2,910