Which statement is true with regard to disability-income insurance?
I. An increase in the elimination period will decrease the premium.
II. Disability can be defined in a number of ways.
(a) I only
(b) II only
(c) Both I and II
(d) Neither I nor II
Answer: (c) Both I and II
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When structural change occurs early in a change process, employees are likely to be:
a. confused by the purpose of the change. b. unsure about the new competencies that are required. c. unwilling or unable to make changes in their behavior. d. A and B only e. A, B, and C
In 2017, Mark has $18,000 short-term capital loss, $7,000 28% gain, and $6,000 0%/15%/20% gain. Which of the statements below is correct?
a. Mark has a $5,000 capital loss deduction. b. Mark has a $3,000 capital loss deduction. c. Mark has a $13,000 net capital gain. d. Mark has a $5,000 net capital gain. e. Mark has a $18,000 net capital loss.