Answer: The answer is provided below
Explanation:
An intern is a student or a trainee who works, sometimes without getting paid, so as too gain work experience or satisfy the requirements for a qualification.
Internship comes into legal agreement by signing an internship agreement. Such agreement is signed by the organization and the intern. The violation of intern contract is enforceable by law.
Companies usually have committee that evaluate issues that may disturb the employees or interns at their workplace. In a situation whereby the intern feels an issue cannot be resolved within the organization, the intern can go for lawsuits.
Company's actions such as discrimination at work, sexual harrasment are example of cases that may justify am intern going to the court. Even though many states have passed laws to protect interns in organizations, an intern can still file lawsuits in cases of severe misconducts.
Answer:
- False
- True
Explanation:
1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is <u>FALSE.</u>
2. If Healthcare is said to be rising faster than inflation and elderly people consume more health care then that means that Social security benefits which are based on a inflation are not capturing the rise in living expenses for the elderly appropriately. This means that old people might be worse off. This is therefore <u>TRUE. </u>
Answer:
0.4 or 40%
Explanation:
The formula for Contribution Margin Ratio is:
[TS - TVC] / TS
Where TS = Total Sales
TVC = Total Variable Cost
Applying the formula,
[5,000 - 3,000] / 5,000 = 2000/5000 = 0.4
Turning this value to a percentage, 0.4 × 100 = 40%
The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.
Remember: The addition of fixed cost to variable cost = total cost
Answer and Explanation: Under the given case or scenario, we can state that Simon is at the step of gathering the facts, information and data and therefore organizing these facts. Here, in this case it is provided that Simon is a trainer that on meeting with his team wishes to discuss the fact that there is a need of senior engineers training the new engineers.
