Which of the following is not required for qualification of a group health or disability plan?
A) Must cover all full-time and part-time employees from the first day of work
B) Must be in writing
C) Must create legally enforceable rights for the employees
D) Must be for the exclusive benefit of the employees
A
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Indicate whether the statement is true or false
Which of the following sections will not appear in the statement of cash flows?
A. operating activities B. investing activities C. financing activities D. selling activities
Expected standards tend to yield unfavorable variances
Indicate whether the statement is true or false
All other things being equal, which of the following would be most attractive to an investor?
A. A cash outflow of $60,000 in six years. B. A cash outflow of $10,000 each year for the next six years. C. A cash outflow of $60,000 today. D. A cash outflow of $30,000 in year 1 and $30,000 in year 6. E. All of these would be equally attractive to an investor.