In 2011, Part-Time Workers for Noneconomic Reasons Were About _{-------------}of

question 67

Multiple Choice

In 2011, part-time workers for noneconomic reasons were about _{-------------}of total employment and part-time workers for economic reasons were about_{-------------} of total employment.

• A)17 percent; 17 percent
• B)3 percent; 25 percent
• C)2 percent; 12 percent
• D)13 percent; 6 percent
• E)13 percent; 20 percent

Differentiate between absorption and variable costing.

Calculate net income under variable and absorption costing.

Understand the impact of operational decisions on net income.

Calculate and understand contribution margin.

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Definitions:

Performance Appraisal

A regular review of an employee's job performance and overall contribution to an organization.

Behavior-Based Interview

An interviewing technique that focuses on how the interviewee acted in specific situations in the past, on the premise that past behavior is the best predictor of future behavior.

Future Work Performance

Future work performance pertains to an individual's or a group's projected effectiveness, productivity, and accomplishments in their professional tasks going forward.

Performance Appraisal

A formal assessment process where an employee's job performance and productivity are evaluated by their supervisor.