Victoria Has Been a Contract Worker for a Construction Company

question 12

Multiple Choice

Victoria has been a contract worker for a construction company and has just been offered a full-time,non-contract position.She will now receive additional benefits,such as employer-paid insurance and vacation; what are these components of employee compensation called?

• A) Indirect deposits
• B) Indirect financial payments
• C) Variable payments
• D) Direct deposits
• E) Direct financial payments

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Definitions:

Canadian Dollars

The currency of Canada, represented by the symbol CAD or C$.

Foreign Exchange Risk

The possibility of losing value due to changes in currency exchange rates.

Spot Rate

The current market price at which a particular asset, such as foreign currency, can be bought or sold for immediate delivery.

Exchange Rates

How much one currency is worth in terms of another during conversion.