The Use of Temporary Workers Would Be Most Appropriate in Which

question 87

Multiple Choice

The use of temporary workers would be most appropriate in which of the following situations?

• A) The company has a high rate of turnover among its regular employees
• B) The employer has received a long-term contract from the Federal government for oceanic research.
• C) A tax preparation company handles mostly individuals and has few business clients.
• D) The organization is a start-up company with a competitive strategy of continuing expert customer service.

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Definitions:

Perpetuity

A financial instrument that provides a stream of infinite cash flows or payments that continue indefinitely.

Annual Percentage Rate (APR)

The interest rate charged per period multiplied by the number of periods per year.

Annuity Due

An annuity for which the cash flows occur at the beginning of the period.