Social Insurance Programs

question 80

Multiple Choice

Social insurance programs

• A)Are event-conditional.
• B)Involve an income eligibility test.
• C)Are a type of welfare program.
• D)Are means-tested.

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Definitions:

Reduced Value Risks

Risks associated with potential decline in asset or investment values, impacting financial performance and stability.

Temporary Staffing

Refers to the employment of workers on a non-permanent basis to meet short-term increases in workload or to fill in for absent employees.

HR Functions

Various duties and responsibilities associated with the human resources department, including recruitment, training, employee relations, and benefits management.

Outsourced

The process by which businesses delegate certain tasks or services to external providers or companies, often to reduce costs or improve efficiency.