The waiting or elimination period on one's disability insurance refers to the period after the disability during which no benefits can occur. The waiting period is equivalent to
A) the cost of one's total premium.
B) one's annual salary.
C) one's median income.
D) 6 months of one's salary.
E) the deductible for one's health care policy.
Answer: E
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Which of the following motivates most employees over 65 to work?
A) overtime payments B) schedule flexibility C) supportive work environments D) additional sick days
The Geewhiz Company uses the perpetual inventory system. The Geewhiz Company has the following data available for the month of January:
Date Transaction Units Unit Cost Jan. 1 Beginning inventory 200 $2.00 Jan. 9 Purchase 300 $2.20 Jan. 10 Sale 400 Jan. 15 Purchase 400 $2.30 Jan. 18 Sale 300 Jan. 24 Purchase 100 $2.40 Jan. 30 Sale 10 Determine the cost of the ending inventory using the following methods: a. FIFO b. LIFO c. Moving-average (Round per unit costs to four decimal places and all other dollar amounts to two decimal places.) What will be an ideal response?