Which of the Following Factors Increase the Likelihood That a Worker

question 25

Multiple Choice

Which of the following factors increase the likelihood that a worker will be considered an independent contractor?

• A) The independent contractor works without supervision or oversight from the employer
• B) The independent contractor sets his or her own work hours
• C) The independent contractor is paid by the project rather than by the time spent
• D) All of these.

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Definitions:

Par Value

The stated value or face amount of a bond, stock share, or coupon as declared by the issuing entity.

Journal Entry

A record in the books of accounts that notes the details of a financial transaction.

Semiannual Interest

Interest that is calculated and paid twice a year, often used in bond and loan agreements.

Redeem Bonds

This term refers to the act of paying off or buying back bonds issued by a company before their maturity date, often at a predetermined price.