Arc Techsystems Inc

question 31

Multiple Choice

Arc Techsystems Inc.,a global technology services and outsourcing company,was forced to lay off several employees due to a business slow-down.To help laid-off employees re-orientate to the job market,the company provided them résumé-writing courses,career counseling,office space,and secretarial help.In this example,Arc Techsystems Inc.provides which of the following services to the laid-off employees?

• A) rightsizing
• B) outplacement
• C) coaching
• D) affirmative action
• E) diversity initiatives

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Definitions:

Operating Activities

Activities that relate directly to the business's primary operations, including cash receipts from sales of goods and services and cash payments for expenses.

Investing Activities

Financial actions related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Net Change in Cash

The total increase or decrease in a company's cash and cash equivalents over a specified period, reflecting cash inflows and outflows.

Conversion of Bonds

The process of exchanging bond securities for a predetermined number of shares of the issuing company's stock.