Which of the Following Insures Employees Against Possible Loss of Income

question 47

Multiple Choice

Which of the following insures employees against possible loss of income resulting from a work-related injury, disability, or disease?

• A) Federal Unemployment Tax Act
• B) Medicare
• C) Medicaid
• D) Workers' compensation
• E) FUTA

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Definitions:

Labor

Work, especially physical, manual, or non-executive work, done in exchange for payment; also refers to the workforce or workers in general.

Materials

The substances or components used in the production of goods or in the execution of services.

Total Costs

The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.

Variable Costs

Costs that vary directly with the level of production or output, for example, materials and labor costs used in manufacturing.