Which of the Following Statements Is True of Contingent Workers

question 1

Multiple Choice

Which of the following statements is true of contingent workers?

• A) They have guaranteed work assignments
• B) They are considered independent contractors
• C) They may work concurrently in two or more settings
• D) They must limit work to one state

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Definitions:

Sale Proceeds

Sale proceeds refer to the total amount received from the sale of goods or assets before any deductions are made.

Equipment

Fixed assets used in the operations of a business to generate income, not intended for sale.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not directly related to the company's day-to-day operations.

Cash Flow

Cash flow is the net amount of cash and cash-equivalents moving into and out of a business, indicating its liquidity, financial health, and ability to fund operations.