All of the Following Persons Are Eligible for a Benefit

question 51

Multiple Choice

All of the following persons are eligible for a benefit under the retirement portion of the Social Security program EXCEPT

• A)a divorced spouse,age 55,who was married to the retired worker for 6 years.
• B)a retired worker's 63 year-old spouse who is no longer caring for children.
• C)a retired worker's 52 year-old spouse who is caring for a 12 year-old daughter of the retired worker.
• D)a retired worker's unmarried 20 year-old son who has been severely disabled because of an automobile accident while he was in elementary school.

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Definitions:

Predetermined Overhead Rate

A rate calculated at the beginning of the period by dividing estimated total overhead costs by an estimated allocation base, used to apply overhead costs to products or services.

Unused Capacity

The portion of a company's production potential that is not being utilized to manufacture goods or provide services.

Estimated Activity

An approximation of the amount of work or level of effort needed for a particular task or project.

Activity at Capacity

The level of operational activity that a company can achieve using its current resources without incurring additional costs.