Which of the following does not offer some form of disability insurance?
A) Employer benefit package
B) Individual health policy
C) Medicare
D) Worker's Comp
E) Social Security
Answer: C
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In the reconciliation of a bank statement, "deposits in transit" should be:
a. added to the unadjusted book balance b. subtracted from the unadjusted bank balance c. added to the unadjusted bank balance d. subtracted from the unadjusted bank balance
Triumph Division of Traveling Fantasies, is evaluated based on residual income generated. In the most recent year, the Triumph Division generated a residual income of $2,000,000 and net income of $5,000,000 . The target rate of return for all divisions of Traveling Fantasies is 20%. What was the return on investment for the Triumph Division?
a. 40% b. 13% c. 20% d. 33%
Copyright protection protects against others copying the underlying ideas in a work.
Answer the following statement true (T) or false (F)
Suppose that OIS rates for all maturities are 2.5% and swap rates for all maturities are 3%. Which of the following is true?
A. Forward LIBOR rates are greater when OIS discounting is used than when LIBOR discounting is used B. Forward LIBOR rates are less when OIS discounting is used than when LIBOR discounting is used C. Forward LIBOR rates are the same for both OIS discounting and LIBOR discounting D. Either A or B can be true