Which of the Following Statements About Group Short-Term Disability Income

question 37

Multiple Choice

Which of the following statements about group short-term disability income plans is true?

• A)Most plans have a short elimination period for accidents but cover sickness from the first day of disability.
• B)Disability is usually defined in terms of any substantial,gainful,employment.
• C)The amount of disability income benefits typically is equal to some percentage of a worker's normal earnings.
• D)Most short-term plans cover occupational disability only.

Understand the importance of organization in business writing and strategies to achieve clarity and conciseness.

Grasp the concept of modifiers and how to correctly position them to avoid ambiguity.

Comprehend the structure and purpose of different types of sentences (simple, compound, complex, compound-complex).

Realize the importance of proper research and planning in the writing process.

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Definitions:

Assets Sold

The sale of company assets, which could include equipment, properties, or other resources owned by the company.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest.

Liabilities

Financial obligations owed by a business to creditors, including loans, accounts payable, and any other debts.

Owner's Equity

The amount of the business that belongs to the owners minus any liabilities owed by the business.