An Action Item That Should Be a Part of Everyone's

question 6

Multiple Choice

An action item that should be a part of everyone's journey to financial well-being includes which of the following?

• A) Keeping good records.
• B) Spending less than you earn.
• C) Maintaining appropriate insurance.
• D) All of these answer choices are correct.

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Definitions:

Workers' Compensation

Insurance that ensures employees receive medical care and wage replacement if they sustain injuries at work.

Estimated

An approximate calculation or judgment of the value, number, quantity, or extent of something.

Workers' Compensation

Coverage that delivers healthcare benefits and substitutes income for workers injured during their employment tasks.

Premium Cost

The additional amount paid over the normal cost for something, often for insurance or for acquiring a financial instrument before maturity.