Identify the Part-Time Equivalent (FTE) Measure for a Part-Time Employee

question 5

Multiple Choice

Identify the part-time equivalent (FTE) measure for a part-time employee who works one 7.5-hour shift per week.

• A) 0.6 FTE
• B) 0.5 FTE
• C) 0.4 FTE
• D) 0.2 FTE

---

Definitions:

Finance Company

A business that makes loans to individuals and/or corporations, besides banks and other traditional financial institutions.

Friendly Bank

Informal term for a bank with which an individual or business has a good relationship and favorable terms.

Liability

A legal responsibility or obligation, often involving compensation for harm or damage caused.