Disability Insurance

question 69

Multiple Choice

Disability insurance:

• A) Pays 100% of your salary if you are hurt and have to miss work
• B) Starts immediately when you are injured
• C) Usually has a waiting period before you can make a claim
• D) Is only offered by your employer or the government

---

Definitions:

Design Costs

Expenses associated with the process of creating and developing a plan or specification for the production of objects or systems.

Development Costs

Expenses incurred in the process of developing a new product, project, or solution, including research, design, testing, and implementation costs.

Value Engineering

An organized approach to enhance the value of goods or products and services through a detailed analysis of their functions.

Non-value-added

Activities or processes that do not add value to the product or service from the customer's perspective, leading to unnecessary costs or inefficiencies.