Janelle Spends Three Hours Each Day Working as an Online

question 223

Multiple Choice

Janelle spends three hours each day working as an online customer service representative for an online retailer. She can choose her own hours, within reason. The job works out well for her since she has a new baby that she cares for much of the day. The retailer does not provide her or the other 200 customer service reps with workspace, which constitutes a sizeable cost savings for the company. Janelle participates in a popular work strategy known as ________________.

• A) home-based work.
• B) time-in work.
• C) job sharing.
• D) compressed work.

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Definitions:

Marketable Securities

Financial instruments that can be easily converted into cash, often including stocks, bonds, and other securities traded on public exchanges.

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Bonds Payable

Long-term liabilities representing amounts owed by an entity to bondholders, to be repaid at specified maturity dates with interest.

Net Book Value

The net book value is the value at which an asset is carried on a balance sheet, calculated as the original cost minus accumulated depreciation and impairment losses.