Other Than Workman's Compensation,other Forms of Social Insurance Were Developed

question 16

Multiple Choice

Other than workman's compensation,other forms of social insurance were developed for:

• A)the elderly.
• B)mothers of young children.
• C)the blind.
• D)all of the above.

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Definitions:

Accounts Receivables

Money owed to a company by customers who have purchased goods or services on credit.

Insolvent

The state of being unable to pay off debts as they come due, having liabilities exceed assets.

Receivables

Money owed to a business or an individual for goods or services provided on credit.

Cash-to-cash Cycle

The time period between when a business pays for its inventory and when it receives cash from the sale of that inventory.