Which of the following statements is true about individual health care policies versus group healthcare policies?
A) You may be required to take a physical exam.
B) They tend to be less costly than group plans.
C) You may need one as a supplement to your group policy.
D) They are tailor-made for you.
E) All but B are correct.
Answer: E
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A nonprofit organization that has operations in several countries is called a(n) _____ organization.
Fill in the blank(s) with the appropriate word(s).
A deferred tax liability represents the:
a. increase in taxes saved in future years as a result of deductible temporary differences b. decrease in taxes saved in future years as a result of deductible temporary differences c. decrease in taxes payable in future years as a result of taxable temporary differences d. increase in taxes payable in future years as a result of taxable temporary differences