In Just a Few Short Weeks, Jake Would Arrive Back

question 311

Multiple Choice

In just a few short weeks, Jake would arrive back in the states from his semester abroad. He was already in a temp agency's database from the previous summer, when he spent 8 weeks working for an accounting firm. Jake will again try to hire on as a ___________ during the summer months. The company that hired him last summer typically hires several college students each year, mainly because they have good computer skills, and the company does not need to offer college students benefits.

• A) contingent worker
• B) intermediate worker
• C) primary worker
• D) apprentice

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Definitions:

Noncash Charge

An expense reported in the income statement of a company that does not involve actual cash flow, such as depreciation or amortization.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, used for managing liquidity and ensuring financial stability.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects revenue from its credit sales by dividing net credit sales by average accounts receivable.

Payables Deferral Period

The average time between the purchase of goods or services by a company and the payment of this outstanding money to its suppliers.