Match the Type of Employee with Its Definition

question 14

Multiple Choice

Match the type of employee with its definition.
Individuals who agree to perform certain work according to their own means, manner, and methods of performance

• A)Independent contractor
• B)Leased employee
• C)Regular employee
• D)Statutory employee

---

Definitions:

Quantity Discount

A reduced price for items purchased in large quantities.

Order Quantity

The amount of an item that is ordered from a supplier to replenish inventory or to fulfill customer demand.

Inventory Carrying Cost Rate

The total cost associated with holding inventory over a given period, often expressed as a percentage of the inventory value, including costs related to storage, insurance, taxes, and depreciation.

Reams

A measure of paper quantity, traditionally consisting of 500 sheets of paper.