Which One of the Following Is Not True of Protection

question 2

Multiple Choice

Which one of the following is not true of protection benefits in Germany? (Germany)

• A)The German Social Security system is analogous to the one in the US
• B)Employees have three different sources of pensions
• C)Blue collar workers contribute 75% of the premiums for health insurance
• D)Highly paid employees can opt out of state insurance plans

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor costs.

Use Of Cash

A summary of how a company's cash is being utilized in operations, investments, and financing activities.

Accounts Payable

Represents money owed by a company to its creditors for goods and services purchased on credit.

Accounts Receivable

Payments due to a business by its customers for products or services that have been dispatched or exploited, yet are still unpaid.