The private insurance system and the Social Security system are both "fully-funded."
Indicate whether the statement is true or false
FALSE
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Which of the following is the best description for the purpose of an estate created for divorce or bankruptcy?
a. To pay for the all of the legal fees in filing a chapter 7, 11, or 13 bankruptcy or to pay the legal fees of a divorce b. To protect the assets of the party filing bankruptcy so that no further losses are realized c. To settle the debts of the debtor or divorce partner of which the Bankruptcy or Divorce Court has control d. To hold only the physical assets of the divorce partner or debtor for the period of the bankruptcy or divorce
U.S. GAAP and IFRS require firms to report trading securities at _____
a. net realizable value on the balance sheet b. fair value on the balance sheet c. present value on the balance sheet d. fair value on the income statement e. present value on the income statement
Structural determinants of power in organizations include all of the following, except:
a. Perceived political power b. Influence in garnering resources c. National representation d. Reward for subordinates
The U.S. Department of Agriculture (USDA) approved an application from Monsanto to plant genetically engineered alfalfa seeds that resist Monsanto's Roundup herbicide. Several environmental groups brought suit to stop the planting because the USDA did not complete an EIS in carving out an exception for genetically engineered crops. The fear is that the crops contain a bacterial gene that allows
farmers to spray their fields for weeds without harming the alfalfa or other crops because the bacteria allows the crops to resist the weed spray. When is an EIS required? A)?When a federal agency is taking action that could impact the environment B)?When an EIS is demanded by environmental groups C)?When a federal agency takes any action D)?When animal life is affected by federal agency action