After a Year of Working at the Store,a Job Posting

question 45

Multiple Choice

After a year of working at the store,a job posting appears for a position in the head office.Andreas is minimally qualified for the position,but each time he sits down to write his cover letter for the application,he ends up finding another task to do instead.This is likely because Andreas is __________.

• A) worried he isn't qualified
• B) afraid he won't get the job
• C) unsure of whether or not he should apply
• D) nervous about the application process

---

Definitions:

Exercise Date

The specific date on which an option contract can be executed or acted upon by the holder.

Fixed Compensatory

Relates to a form of compensation or damages that are predetermined and not subject to change.

Memorandum Entry

This refers to a journal entry made in the financial records to note a significant event or transaction that doesn’t involve a direct exchange of cash or value and hence does not affect the financial statements directly.

Stock Option Plan

A compensation strategy that allows employees to purchase company stock at a predetermined price.