"All of the following are examples of social (governmental) insurance EXCEPT

A) Medicaid
B) fraternals
C) workers' compensation
D) Medicare"

Ans: B) fraternals

Business

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When a 5% stock dividend is declared, which account is debited?

A) Common Stock-Par Value B) Common Stock Dividend Distributable C) Retained Earnings D) Paid-In Capital in Excess of Par-Common

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The successive election held when a representation election involving three or more choices results in no one choice receiving the majority vote is known as a ________ election

a. rolling b. decertification c. runoff d. deauthorization

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