Anka Works Part-Time at Humber College and Full-Time at the University

question 171

Multiple Choice

Anka works part-time at Humber College and full-time at the University of Toronto. Statistics Canada classifies Anka as

• A) overemployed.
• B) underutilized.
• C) overutilized.
• D) employed.
• E) redundant.

---

Definitions:

Cash Burn

The rate at which a company spends its cash reserves, especially in the context of startups or new ventures.

Monthly Cash Expenses

The total amount of money spent by a business within a month for operational activities, excluding non-cash expenses.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value due to changes in interest rates.

Cash Equivalents

Short-term, highly liquid investments that are easily convertible into a known amount of cash.