Which of the Following Is a Valid Statement About Contingent

question 375

Multiple Choice

Which of the following is a valid statement about contingent workers?

• A) Contingent workers are seldom skilled professionals.
• B) By law, employers must provide contingent workers the same salary and benefits as permanent employees.
• C) An increasing number of companies are hiring skilled professionals, such as accountants, as part of their contingent workforce.
• D) By law, companies cannot hire contingent workers as part of the management team.

---

Definitions:

Net Income

The ultimate earnings of a company, calculated by subtracting expenses and taxes from its gross revenue.

Stockholders' Equity Statement

A financial statement that shows the changes in the equity of a company's shareholders over a specific period.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing its assets, liabilities, and shareholders' equity.

Common Stock Split

A corporate action to divide its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.