Federal Contractors/employers That Provide More Than $10,000 in Goods or Services

question 9

Multiple Choice

Federal contractors/employers that provide more than $10,000 in goods or services to the federal government must agree to do all of the following except:

• A) permit the Secretary of Labor to access books, records and accounts to determine compliance with E.O. 11246
• B) furnish information and reports required by E.O. 21246 its implementing regulations
• C) permit the contracting federal agency to access to books, records and accounts to investigate and determine compliance with E.O. 11246
• D) permit employees to access to books, records and accounts to determine compliance with E.O. 11246

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Definitions:

Incapacitated

A state where an individual is unable to make legal, medical, or financial decisions for themselves due to physical or mental limitations.

Future Health Care

Planning, policies, and services designed to meet the health care needs of individuals in the future.

Inter Vivos Gift

A gift given by one living person to another, which becomes the property of the recipient immediately and unconditionally.

Trust Creation

The process of setting up a trust, wherein a trustee holds property or assets for the benefit of a third party, known as the beneficiary.