An employee is terminated for poor attendance. The employer sends a letter on May 1 notifying him of his right to receive continuation health insurance coverage. The letter states that the former employee must respond by May 30 to be eligible for up to 6 months of continuation coverage. The employer's letter:
a. accurately states the former employee's rights under COBRA
b. should state that the employee has 45 days to decide on coverage that would last up to 3 years
c. should state that the employee has 60 days to decide on coverage that would last up to 3 years
d. should state that the employee has 60 days to decide on coverage that would last up to 18 months
e. should not have been sent since a termination for poor attendance is not a qualifying event under COBRA
D
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_____________________depreciation is the GAAP depreciation method used most frequently
Fill in the blank(s) with correct word
HNW Ltd. HNW Ltd. manufactures and sells food processors. A popular consumer magazine has recently evaluated food processors and has ranked HNW's processors as being of "poor quality". As a result, HNW's management team has begun to analyze all costs associated with their food processors in more detail, and the following data has been compiled: Scrap costs $ 80,000 Quality training 75,000
Warranty claims 100,000 Rework costs 50,000 Inspection of incoming materials 30,000 Product quality audits 60,000 Statistical process control 40,000 Refer to the HNW Ltd. information above. What are HNW's total appraisal (detection) costs? A) $130,000 B) $205,000 C) $90,000 D) $100,000
A ________ is a warranty in which the lessor warrants that no person holds a claim or an interest in the goods that arose from an act or omission of the lessor that will interfere with the lessee's enjoyment of his or her leasehold interest
A) warranty against infringements B) warranty of good title C) warranty of quiet possession D) warranty of no security interests
People with high self-esteem take pride in their accomplishments
Indicate whether the statement is true or false