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Problem 1: Income-replacement objectives typically are set with which of the following factors in mind?
A. They usually take the spouse's Social Security benefit into account.
B. The objectives usually are higher for the higher paid employees than for the lower paid employees.
C. The objectives usually are the same for the higher paid employees as for the lower paid employees.
D. The objectives usually are set for the employee's average pay level during his or her career.
E. Full income-replacement objectives typically are set only for individuals who have completed what the employer considers to be a "career" of employment.
All of the following statements concerning custodial accounts are correct, except:
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the principal plus the interest accrued from the date of the preceding payment
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