In Hurricane Katrina,the Storm Came Ashore Heading Almost Due North

question 94

Multiple Choice

In Hurricane Katrina,the storm came ashore heading almost due north and the eye passed between the towns of Slidell,Louisiana and Waveland,Mississippi.Slidell,LA suffered heavy flooding and moderate wind damage while Waveland,MS was totally destroyed without a single building standing within 200m of the coastline.Both cities experienced the eyewall of the storm where the winds are strongest,so why was the destruction so different?

• A)Slidell was just lucky and experienced a temporary lull in the storm.
• B)Waveland caught the right front quadrant of the storm,with maximum storm surge and wind.
• C)Slidell must be a sheltered coastline,or protected behind a levee system.
• D)Waveland must have been at a lower elevation than Slidell.

Grasp the basic structure and requirements of the Canada and Quebec Pension Plans (CPP and QPP).

Recognize the importance of supplemental health benefits in the Canadian workplace.

Identify the relationship between employee benefits and regulations/laws.

Evaluate the role of technology in managing employee benefits.

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Definitions:

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Mexican Pesos

The currency of Mexico, represented by the symbol $ or MXN, used for all financial transactions within the country.

Forward Contract

A customized contractual agreement to buy or sell an asset at a specified price on a future date, used to hedge against price movements.

Fair Value Hedge

A hedge of the exposure to changes in the fair value of an asset or liability, or an unrecognized firm commitment, that is attributable to a particular risk.