As a Consultant,you Have Been Asked by an Organization to Provide

question 40

Multiple Choice

As a consultant,you have been asked by an organization to provide a menu of indirect benefits that the employer doesn't have to provide by law.Which of the following would you NOT include in your menu?

• A) employment insurance
• B) company pension plan
• C) psychological counselling
• D) supplemental medical coverage

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Definitions:

Finance Charge

The cost associated with obtaining credit, including interest, fees, and other charges.

Financing Charge

An interest or fee paid for the use of borrowed money.

Uncollectible Accounts

Accounts receivable that are recognized as unlikely to be collected, leading to their write-off as bad debts.

Bad Debt Expense

An expense reported on the income statement, reflecting the cost of credit sales that are not expected to be collected.