Of the Following Benefits,which One Is Considered a Mandatory Benefit

question 17

Multiple Choice

Of the following benefits,which one is considered a mandatory benefit?

• A) Retirement plans
• B) Family leave
• C) Flexible benefits
• D) Unemployment insurance

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Definitions:

Inventories

The raw materials, work-in-progress goods, and finished goods that a company holds for the purpose of sale in the future.

Consumer Durables

Goods that are not for immediate consumption and are able to be used over a longer period, like appliances and vehicles.

Equipment And Software

Tangible assets such as machinery and tools, and intangible assets like software, used in the operation of a business to produce goods or services.

Productive Capacity

The maximum output a company or economy can produce with its current resources, also reflecting the efficiency of production processes.