If an employer pays all the premiums for a group life insurance policy, the policy must insure

A) at least 50% of the eligible employees
B) at least 75% of the eligible employees
C) at least 40% of the eligible employees
D) all eligible employees

Ans: D) all eligible employees

Business

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To avert troubles and reinforce the idea that they are responsible and concerned local residents, all foreign companies operating internationally should ________

A) focus on communicating just how responsible they are as concerned local companies B) continue to lead by example that they think and act globally C) publicize how they are the single-most important standard-bearer for their host countries D) take proper actions first then communicate it appropriately

Business

The basic strategies that should be employed by a business firm in managing cash includes ________

A) paying accounts payable as early as possible B) turning over inventory as quickly as possible, avoiding stockouts C) operating in a fashion that requires maximum cash D) extending the credit period allowed to customers

Business