Social Security is a
A) fully funded pension plan.
B) federally insured private pension plan.
C) government sponsored private pension plan.
D) "pay-as-you-go" system.
D
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A copy machine costs $ 45,000 when new and has accumulated depreciation of $ 44,000. Suppose Print and Photo Center discards this machine and receives nothing. What is the result of the disposal transaction?
A. No gain or loss B. Gain of $ 1, 000 C. Loss of $ 1,000 D. Loss of $ 45,000
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A job consists of a series of three tasks. Task 1 is performed correctly 98% of the time, task 2 is performed correctly 99% of the time, and task 3 is performed correctly 97% of the time. What is the reliability of this job?
A) 91.27% B) 94.11% C) 97.00% D) 98.00% E) 99.00%
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