Steve Works in Purchasing for the Department of the Army

question 198

Multiple Choice

Steve works in purchasing for the Department of the Army on the east coast.He arrives at work at 6:00 A.m.and leaves by 3:00 p.m.He enjoys this schedule because he is an early riser.A disadvantage to the government in allowing Steve to use flextime is:

• A)morning workers are never as productive as afternoon workers.
• B)there is a 1 hour window of opportunity to talk with defense contractors on the west coast,who work 8:00 a.m.- 5:00 p.m.
• C)this system will increase absenteeism.
• D)the government is required to hire twice as many people and spend additional funds training these individuals.

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Definitions:

Sales Revenues

Income received from selling goods or services over a period of time before any costs or expenses are deducted.

Capital Cost Allowance

A form of tax depreciation that allows businesses in Canada to deduct the cost of a depreciable property over several years.

Cash Operating Costs

Expenses associated with the day-to-day operations of a business that are paid out in cash.

Tax Rate

The percentage at which an individual or corporation is taxed by a government entity.