All of the Following Workers Are Quite Likely to Remain

question 36

Multiple Choice

All of the following workers are quite likely to remain in the paid labor force after age 60 EXCEPT a(n) _____.

• A) English professor
• B) unionized mechanic at a local factory
• C) independently employed cleaning lady
• D) judge in a state court

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Definitions:

CICA

Canadian Institute of Chartered Accountants, responsible for setting accounting and auditing standards in Canada.

Financial Lease

A type of lease in which the lessee is effectively considered to own the asset during the lease term and bears the risk of obsolescence.

Tax Avoidance

The legal practice of structuring financial affairs to minimize tax liabilities without violating the law.

CRA

The Canada Revenue Agency (CRA) is a governmental agency that administers tax laws for the Canadian federal government and for most provinces and territories.