Which of the Following Would Be a Disadvantage of Hiring

question 1

Multiple Choice

Which of the following would be a disadvantage of hiring a contractor?

• A)you would not be able to have the contractor arrive at a certain time or perform the job in a certain way
• B)the contractor would not be required to perform the job to the same level as an employee
• C)the contractor could be terminated if he or she did not fulfill their contracts
• D)the contractor generally would have less of a personal commitment to doing the job well

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Definitions:

Identity Theft

The fraudulent acquisition and use of someone's personal information, typically for financial gain, without their permission.

Accrued Expense

Expenses that are recognized on the books before they have been paid, reflecting costs incurred during a particular period.

Adjusting Entry

An accounting record made to allocate income and expenditures to the appropriate accounting periods.

Interest Payable

Accrued interest that a company owes to its creditors or on its debts but has not yet paid.