Which of the following is not true regarding employer disability insurance?
A) Disability benefits are provided for very long periods, usually up to 30 years.
B) About half of all large and medium-sized firms offer an optional disability plan through an insurance company.
C) The premiums charged through group plans are normally low.
D) A typical disability policy covers about 60% of the employee's salary.
Answer: A
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Vertical restraints are agreements between
A. competitors. B. consumers and government. C. business and government. D. noncompetitors.
Hybrid costing systems can only be applied to manufacturing.
Answer the following statement true (T) or false (F)
Which of the following statements about installment notes is correct?
A. With each subsequent payment on an installment note, the amount of the principal paid remains unchanged. B. With each subsequent payment on an installment note, the amount of the principal paid decreases. C. With each subsequent payment on an installment note, the amount of interest expense increases. D. With each subsequent payment on an installment note, the amount of interest expense decreases.
Name two advantages and two disadvantages associated with the use of break-even analysis.
What will be an ideal response?