As an Employee of an Organization,your Productivity During Your Time

question 74

Multiple Choice

As an employee of an organization,your productivity during your time at work represents the performance portion of the ______ contract you entered into with the company when you were hired.

• A)piece-rate
• B)pay-for-performance
• C)private
• D)political

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Definitions:

Availability Delay

The lag time between when a deposit is made into an account and when the funds become available for use.

Collection Float

The time difference between when a check is deposited into a bank account and when the amount is credited to the account, affecting the cash flow.

Collection Float

The time period between when a check is deposited into a bank account and when the amount is available for use.

Net Float

The difference between checks written and deposited in the bank not yet cleared or settled.