The Community College Where Jake Works Requires All Employees to Contribute

question 257

Multiple Choice

The community college where Jake works requires all employees to contribute to a pension fund. At this time, he is not too worried about the safety of this contribution because:

• A) the pensions fund's investments are always backed by the full faith and credit of the U.S. government.
• B) pension funds are provided by nonbanks so they are not going to take this money and lend it to others.
• C) he is considered a state employee, and as such, he is protected from this fund going bankrupt.
• D) pension funds usually make conservative investments.

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Definitions:

Physical Locations

The tangible and geographical places where businesses, organizations, or other entities occupy space, often important for operations, customer interaction, and logistic purposes.

Taller Organizations

Organizations with multiple layers of management between front-line employees and the top level, often resulting in slower decision-making processes.

Spans

Refers to the extent, scope, or duration of something, often used in contexts such as time spans or spans of control in organizations.

Organizational Size

Organizational size refers to the scale and magnitude of an organization, usually determined by the number of its employees or total revenue, which affects its structure, culture, and operations.