Which of the Following Statements About Flexitime Is FALSE

question 237

Multiple Choice

Which of the following statements about flexitime is FALSE?

• A)Flexitime tends to reduce absenteeism.
• B)It frequently improves worker productivity.
• C)Flexitime suits every job.
• D)There is a strong perceived benefit that it helps improve work-life balance.

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Definitions:

Discounted Payback

The period of time it takes for the cash flows from an investment to equal the initial cost of the investment, accounting for the time value of money.

Rate of Return

The improvement or reduction in the value of an investment within a specified interval, articulated as a percentage of the investment’s first cost.

Cash Inflow

Money coming into a business or project from various sources, including sales, investments, and financing activities.

Profitability Index (PI)

A calculation that determines the relative profitability of an investment, indicating the ratio of payoff to investment amount.