When recent experience is required, former employees or unemployed workers are the most important source of recruits

A change in depreciation method is accounted for by retrospectively revising prior years' financial statements.

a. true b. false

In the context of cafeteria-style benefits plans, _____ refers to the fact that the employee most likely to select a benefit is also most likely to use the benefit, which tends to drive up benefit costs

A) the Peltzman effect B) blowback C) the cobra effect D) adverse selection