At Friendly Financial Consulting,employees Are Allowed to Choose What Time

question 242

Multiple Choice

At Friendly Financial Consulting,employees are allowed to choose what time they start each workday,as long as they arrive between the hours of 7:00 A.m.and 10:00A.m.They must be on the job from 10:00 A.m.until noon and from 1:00 p.m.until 3:00 p.m.They are required to work a total of 8 hours each day,so the earlier they arrive,the earlier they can leave.This is a ___________ system.

• A)job sharing
• B)job enlargement
• C)flextime
• D)compressed work week

---

Definitions:

Zero-Coupon Bond

A zero-coupon bond is a type of bond that does not pay periodic interest but is issued at a significant discount to its face value and redeemed for its full face value at maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, accounting for interest payments and its current market price.

Rate Of Return

The accumulation or declination in an investment's value over an agreed period, indicated as a percentage of the investment’s beginning price.

Coupon Bond

A bond that pays the holder a fixed interest payment (coupon) at regular intervals until maturity, when the principal amount is reimbursed.