An employee might work four 10-hr days each week and then enjoy a 3-day weekend, or work 80 hr in 9 days with an extra day off every other week. This is an example of ______.
A. flextime
B. compressed workweek
C. job sharing
D. telecommuting
B. compressed workweek
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Answer the following statements true (T) or false (F)
1) A static budget is prepared for only one level of sales volume. 2) A favorable variance reflects a decrease in operating income. 3) A variance is the difference between an actual amount and the budgeted amount. 4) A static budget presents financial data at multiple levels of sales volume. 7) A flexible budget summarizes revenues and costs for various levels of sales volume within a relevant range.
Steven Wong was an ace financial advisor. He placed millions of dollars on behalf of his clients into certain debentures of Tippett Holdings Ltd
He did not inform his clients that he received hundreds of thousands in commissions from Tippett for obtaining all this investment. On the other hand, all of his clients made money on their Tippett holdings. Can any of his clients sue Wong? A) No. They have not suffered any financial loss B) No. Wong has not given negligent professional advice C) No. Wong has not placed his own interests above those of his clients D) Yes. Wong has committed a breach of fiduciary duty E) Both A and B
In which of the five basic supply chain activities do you plan for the transportation of goods to customers?
A. Plan B. Source C. Deliver D. Return
Under a typical private long term care policy
A) only skilled nursing care is covered. B) only Medicare approved services are covered. C) you are only covered if you can demonstrate you can no longer care for yourself. D) your benefits begin whenever you decide you need to enter a nursing home.