Which of the Following Will Replace a Portion of Your

question 70

Multiple Choice

Which of the following will replace a portion of your salary after you cannot work for 6−12 months?

• A) Social Security.
• B) Short-term disability insurance.
• C) Long-term disability insurance.
• D) Health insurance.

---

Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation and a claim on part of the corporation's profits.

Statement of Cash Flows

A financial overview showing the cumulative cash inflows from a company's daily operations and investment receipts, against the total cash outlays for operational and investment expenditures during a nominated period.

Financing Activity

Transactions between a business and its financiers, such as issuing stock, paying dividends, or borrowing from lenders, reflecting the flow of cash used to fund the company's operations and expansions.

Manufacturing Equipment

The machinery and tools used in the process of producing goods, often considered a capital expense by companies.