Which Statement(s) Is/are True About Flextime

question 15

Multiple Choice

Which statement(s) is/are true about flextime?

• A) Employees are required to work a certain number of hours on the weekend.
• B) Flextime increases work-family conflicts.
• C) Flextime creates higher productivity.
• D) all of the above are true

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, remaining constant regardless of activity levels.

Break-Even Point

The juncture where the cumulative expenses equal total income, yielding neither a profit nor a loss.

Contribution Margin

The amount by which sales revenue exceeds variable costs of production, indicating how much revenue contributes towards covering fixed costs and generating profit.

Break-Even Sales

The amount of revenue from sales that equals the sum of the fixed and variable costs of production, resulting in zero net profit or loss.