An employer-funded plan with favorable tax advantages, which repays employees for medical care not covered by the employer's standard medical plan is a(n)

A security is a ________

A) regulation dealing with the transactions of investments B) system aimed at protecting the interests of the market participants C) share or interest representing financial value D) process related to the valuation of a financial instrument

Competitive pressures have caused service providers (who typically have a large variable portion of their total costs) to:

A. cut costs wherever possible. B. calculate the break-even point and determine the potential profit at different levels of sales. C. incur losses in the short run with the goal of raising prices later. D. establish service facilities in low cost countries. E. establish production facilities in low cost countries.