A COLA is a _______________.
A) Cost Over Line Adjustment
B) Company Over Line Adjustment
C) Cost of Living Adjustment
D) Cost of Living Amendment

Question

Quizplus · Accepted Answer

COLA stands for Cost of Living Adjustment, which is an increase in income or benefits to offset the increase in the cost of living. Option A and B are not accurate and option D is not a common term used for cost-of-living adjustments.

A COLA Is a _______________