With a COLA Provision,the Monthly Long-Term Disability Benefit Is Adjusted

question 102

True/False

With a COLA provision,the monthly long-term disability benefit is adjusted upward each year,often in line with the CPI.

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Definitions:

Divestiture

The action of a company selling or disposing of an asset or subsidiary as a strategic business decision.

Unrelated Diversification

A business strategy whereby a company expands into industries that are not related to its current line of business.

Acquiring New Businesses

The process of a company purchasing or merging with other companies to expand its operations, enter new markets, or gain competitive advantages.

Distribution Alliance

A partnership between companies to allow for the more efficient distribution and availability of products.