A Discouraged Worker Is One Who

question 12

Multiple Choice

A discouraged worker is one who:

• A) is underqualified for the current job.
• B) dislikes the current job but is afraid to quit.
• C) drops out of the civilian labor force because he/she cannot find a job.
• D) quits his/her job because the possibility of advancement was very low.
• E) is overqualified for the current job.

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Definitions:

Cost of Goods Sold

Costs directly connected to creating a company's sold products, encompassing materials and manpower.

Finished Goods Inventory

The assortment of goods that are marketed and ready but have not found buyers.

Labor Costs

The total monetary costs associated with the employment of labor, including wages, benefits, and taxes.

Job Order Costing System

An accounting system that accumulates costs by job, allowing for detailed tracking of the cost of materials, labor, and overhead on a per-job basis.