If an Organization Faces a Surplus of Workers, It Is

question 94

True/False

If an organization faces a surplus of workers, it is likely that they will have to either downsize or encourage voluntary retirement, because there aren't many alternatives to these actions.

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Definitions:

Exchange Loss

A loss resulting from holding foreign currencies that depreciate against the home currency.

Forward Contract

An agreement to purchase or sell an asset at a predetermined future date and price, often used as a hedging instrument against price fluctuations.

Recognition

The process in accounting where certain transactions are recorded in the financial statements of a reporting period.

Discount

A reduction applied to the nominal price or face value of something for promotional purposes, or to reflect current market values.