A Main Consequence of Civil Service Regulations Is

question 38

Multiple Choice

A main consequence of civil service regulations is:

• A) a decrease in the importance of expertise in selecting employees.
• B) the creation of clear and easy rules for dismissing employees.
• C) significant job security for civil servants.
• D) that the political affiliations of appointees are highlighted more so than in the past.
• E) that college degrees are required of all applicants.

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Definitions:

Profit

The financial gain made in a transaction or operation, calculated as the difference between revenue and expenses.

Contribution Rate

The percentage of income that is saved or invested, often in the context of pension plans or retirement savings.

Fixed Costs

Stable costs encompassing rent, salaries, and insurance, unaffected by variations in production or sales levels.

Break-Even

The point where overall expenses match overall income, leading to neither a profit nor a loss.