The First Digit in a Social Insurance Number ________

question 4

Multiple Choice

The first digit in a social insurance number ________.

• A) has no meaning
• B) is related to the date of birth of the recipient
• C) indicates the province or region where the number was issued
• D) is sequentially numbered based on when the card was issued

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Definitions:

Service Revenue

Income earned by a company for the services it provides, rather than for selling physical goods.

Controllable Margin

The portion of profit or income that a manager has direct control over, often excluding fixed costs and expenses.

Profit Center

A part of an organization that is directly responsible for generating its own revenue and profit.

Responsibility Report

A managerial accounting tool that collects financial information to assess the performance of various segments of a business.