Which of the Following Statements Is an Example of a Job

question 3

Multiple Choice

Which of the following statements is an example of a job specification?

• A) arranging meetings and scheduling out-of-town travel
• B) possessing a valid driver's licence
• C) answering telephones and personal inquiries
• D) reporting to the head of the department

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Definitions:

Lessor

The party in a lease agreement who owns the asset and grants the lessee the right to use the asset in exchange for rental payments.

Upkeep

The process of maintaining or preserving someone or something, or the cost involved in maintaining a property, equipment, etc.

Depreciation Tax Shield

A reduction in taxable income for businesses that results from the allowance for depreciation expenses.

CCA Class

Stands for Capital Cost Allowance Class, which is a categorization used in Canadian tax law for the purpose of calculating depreciation for tax purposes.