A New Form of Employment Relationship, Where a Job Is

question 45

Multiple Choice

A new form of employment relationship, where a job is a short-term commitment to a company in the capacity of a consultant or contingent worker rather than an employee, is known as the ________ economy.

• A)cyber
• B)virtual
• C)gig
• D)career
• E)spiral

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Definitions:

Services Rendered

Work or services provided by a company or individual to a client or customer.

Paid Cash

A transaction in which goods or services are paid for using physical money or through immediate electronic funds transfer, as opposed to using credit.

Placed on Account

Transactions recorded on credit, affecting accounts payable or receivable without immediate cash exchange.

Debit Balance

A condition where the sum of debits in an account exceeds the sum of credits, indicating an expenditure or asset.