Money received in the form of dividends or interest is ____________ income.

A) passive
B) earned
C) excluded
D) capital gain
E) investment

Answer: E) investment

Business

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New employees at Jarvis Company cannot participate in the group term life insurance plan until they have worked at the company for three months. This initial period before a new employee can participate is called a(n)

A) probationary period. B) elimination period. C) open enrollment period. D) eligibility period.

Business

What type of organizational structure works best in temporarily pulling people together for special projects, such as development of a particular automobile?

A) matrix structure B) hybrid structure C) functional structure D) divisional structure: product divisions E) divisional structure: process divisions

Business