Which of the Following Workers Would Be the Best Example

question 222

Multiple Choice

Which of the following workers would be the best example of a contingent worker?

• A) an assembly-line worker who belongs to a union and has 17 years of seniority
• B) an accountant hired to help during the busy tax season
• C) an elementary school teacher who just received tenure
• D) an electrical engineer who frequently travels out of the country to the various manufacturing facilities owned and operated by his firm

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Definitions:

Materials Cost

The total expense to an entity for all materials used in the production of a product or service.

Break-even Chart

A graphical representation used in financial analysis to show the point at which total costs and total revenue are exactly equal; thus, there is no loss or gain.

Break-even Point

The financial state where total costs and total revenues are equal, meaning there is no net loss or gain, and one has "broken even."

Break-even Chart

A graphical representation showing the relationship between total costs and total revenue at various levels of output, pinpointing where no profit or loss occurs.