Which of the Following Is True of Part-Time Workers

question 24

Multiple Choice

Which of the following is true of part-time workers?

• A) it is a method of cutting labour costs
• B) very often part-time workers are paid benefits
• C) they work more than 30 hours per week
• D) they are professionals who provide expert counsel in a particular area
• E) they are governed under contract law instead of employment legislation

Identify the purpose and effects of different cash management strategies on a firm's net float.

Assess the impact of inventory management decisions on total inventory costs and how safety stocks influence these costs.

Understand the implications of firm's policy changes on sales, working capital, and the need for additional funds.

Evaluate the use of compensating balances by banks and their impact on the effective cost of loans.

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Definitions:

Capital Cost Allowance

The annual depreciation expense that a company can claim as a deduction for tax purposes on its capital assets.

Cannibalization

The reduction in sales volume, sales revenue, or market share of one product as a result of the introduction of a new product by the same producer.

Pre-Tax Cash Flow

The amount of cash that a company generates before accounting for taxes, used in evaluating its financial performance.

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital where each category of capital is proportionately weighted.