What Significance Does an Employee's False Statements on the Job

question 11

Multiple Choice

What significance does an employee's false statements on the job appli- cation or resume has on potential workers' compensation benefits?

• A)They have no bearing.
• B)Any false statements will result in a denial of benefits.
• C)False statements that satisfy three-part test greeted by the courts will result in a denial of benefits.
• D)False statements about the employee's skills and training will result in a denial of benefits.

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Definitions:

Long-term Investments

Assets that a company intends to hold for more than one fiscal year, such as stocks, bonds, or real estate.

Property Plant

Assets of a tangible nature, like buildings and machinery, used in operations and expected to be used over several years.

Equipment Section

Part of a company's balance sheet or financial statements that lists the tangible assets used in operations, like machinery, along with their net book values.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, showing assets, liabilities, and equity as of a specific date.