Tanya lives in a province where the province levies a provincial health tax to employers to help cover the cost of provincial health insurance. What is the tax implication for Tanya? Question 16 options: The cost is charged by the employer as a taxable benefit to Tanya There is no income tax consequence Tanya is charged a taxable benefit for any services she uses under the plan Tanyas employer has the option as to whether or not the cost is treated as a taxable benefit to Tanya

An individuals lifestyle and occupation along with factors such as stress, travel, physical injury, or exposure to liability will help facilitate decision making during what stage of the risk management process: Question 17 options: Setting Risk Management Objectives Identifying & Evaluating Implementation Monitoring

When fire struck and destroyed a substantial portion of the contents of Connor's home, the insurance company explained that his policy would reimburse him for his loss based on the actual cash value of the items. With this type of policy, which of the following statements are true? 1. The claim settlement amount will not include a deduction for depreciation on each item. 2. The claim settlement amount will include a deduction for depreciation on each item. 3. Connor may use the funds from the settlement any way he wishes, and is under no obligation to actually replace the items. 4. Connor will receive reimbursement only if he repairs or replaces an item with another one of similar quality. Question 18 options: 1 and 3 1 and 4 2 and 3 2 and 4

Cathy is a member of her employer's extended health care plan, which has a $100 annual family deductible based on a calendar year, and provides for the employee to pay a 20% coinsurance. If Cathy's family has eligible health claims that total $2,555 in for the calendar year, how much will Cathy receive as a reimbursement under the health care plan? Question 20 options: $511 $1,944 $1,964 $2,044