People Who Are Hired on Temporary Contracts and Are Not

question 66

Multiple Choice

People who are hired on temporary contracts and are not a part of an organization's permanent workforce are called __________.

• A) selective workers
• B) variable time employees
• C) flex time workers
• D) independent contractors

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Definitions:

Fixed Expenses

Costs that do not change in total with variations in the volume of activity, such as rent, salaries, and insurance.

Selling Price

The price at which a product or service is offered to consumers.

Net Operating Income

The revenue from a company's primary business operations minus operating expenses, excluding taxes and interest.

Units Sold

The quantity of product units that have been sold during a specific period.