The Bureau of Labor Statistics Distinguishes Between Unskilled and Semiskilled

question 37

Multiple Choice

The Bureau of Labor Statistics distinguishes between unskilled and semiskilled work in terms of

• A)length of training.
• B)amount of formal schooling.
• C)rate of pay.
• D)eligibility for fringe benefits.
• E)who supervises the work.

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Definitions:

Amortization of Discount

The gradual reduction of a bond discount over the life of the bond, effectively increasing the bond's book value to its face value at maturity.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

Bonds Payable

Long-term liabilities represented by bonds that a company must repay to investors at a specified maturity date.