Subcontracted Work Is Another Form of Contingent Work That Often

question 48

True/False

Subcontracted work is another form of contingent work that often cuts employers' costs at the expense of workers.Instead of employing a large work force,many companies have significantly reduced the size of their payrolls and benefit plans by subcontracting.

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Definitions:

Effect On Sales

The impact or change in the volume of sales as a result of a specific action or market condition.

Collectible

Items that are valued and sought after by collectors due to their rarity, condition, beauty, or personal emotional connection.

Tangible Assets

Physical assets that can be seen and touched, such as buildings, machinery, and vehicles, in contrast to intangible assets like patents or trademarks.

Short-Term Assets

Assets expected to be converted into cash, sold, or consumed within one year or the normal operating cycle, whichever is longer.