Methods of Reducing Labour Costs Include Downsizing, Outsourcing, and Employee

question 39

True/False

Methods of reducing labour costs include downsizing, outsourcing, and employee leasing.

Identify command lines to verify computer hardware and software configurations.

Recognize maintenance procedures for improving computer performance.

Configure browser options for security purposes.

Implement measures for managing and protecting network access.

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Definitions:

Economic Life

The estimated period over which an asset is expected to be economically useful to its owner or the duration it can generate revenue, beyond which it is not cost-effective to operate.

Warranty

A guarantee, typically from a manufacturer or seller, promising to repair or replace defective goods within a specified time period.

Lease Liability

A financial obligation representing the present value of future lease payments that a lessee is required to make under a lease agreement.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to present value future cash flows, or in the context of bond investments, it is the interest rate used by investors to compare different bond issues.