Jim Works Four Days a Week for a Total of 40

question 64

Multiple Choice

Jim works four days a week for a total of 40 hours at his current employer.He is very satisfied with the system because it provides him with more freedom to play golf.What type of work arrangement system is being employed at this company?

• A)compressed workweek
• B)telecommuting
• C)job sharing
• D)flextime
• E)country club

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Definitions:

Cost-Cutting Proposal

A plan or suggestion aimed at reducing expenses to improve profitability.

What-If Analysis

A process used in finance and business to assess the potential outcomes of different scenarios based on varying inputs or assumptions.

Variable Costs

Charges that adjust in accordance with the level of output or service delivered by an enterprise.

Financial Break-Even

The point at which total revenues and total costs are equal, meaning a project or business is neither making a profit nor a loss.