During a Job Interview, Sarah Asked the HR Manager If

question 45

Multiple Choice

During a job interview, Sarah asked the HR manager if the company would provide her a family insurance or a retirement plan. She was discussing the _____ that companies generally offer.

• A) benefits
• B) intangible benefits
• C) incentives
• D) wages
• E) progressions

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Definitions:

Effective Rate

The effective rate is the actual interest rate on a loan or financial product, taking into account the compounding of interest, as opposed to the nominal rate.

Debenture Bond

A debenture bond is a type of unsecured loan that is backed only by the general creditworthiness and reputation of the issuer, not by any collateral.

Unsecured Bond

A bond not backed by specific collateral, relying solely on the issuer's creditworthiness for investor confidence.

Market Rate

The prevailing interest rate available in the marketplace for loans, deposits, and investments, often influenced by central bank rates and economic conditions.