Workers Who Are Hired to Deal with Short-Term Increases in a Business

question 29

Multiple Choice

Workers who are hired to deal with short-term increases in a business' workload are known as:

• A) flextime workers.
• B) short-term workers.
• C) specialized workers.
• D) contingent workers.

Estimate fixed cost per period.

Prepare a contribution format income statement.

Develop cost formulas for mixed costs.

Interpret the cost behavior of different types of costs in response to changes in activity levels.

---

Definitions:

Treasury Bills

Short-term U.S. government debt obligations with a maturity of one year or less, considered a safe and liquid investment.

Anticipated Daily Savings

Expected savings that are calculated based on daily expenditures, often used in budgeting and financial planning.

Disbursement Float

The time lag between the issuance of a check by a payer and the actual deduction of funds from the payer's account.

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearers or named party.