Which One of the Following Reasons May Soon Be Considered

question 36

Multiple Choice

Which one of the following reasons may soon be considered an incentive to hiring older adults?

• A)Baby boomers are retiring, so the workforce is shrinking.
• B)Government tax incentives for hiring older adults
• C)Older adults are going back to school for additional skills.
• D)Legal actions and lawsuits for firing older adults

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Definitions:

Direct Labor Budget

A financial plan that forecasts the costs associated with the labor directly involved in the production of goods or services.

Direct Labor-Hour

A metric indicating the total hours worked by employees directly involved in the production process, often used for costing purposes.

Labor Rate

The amount paid to an employee per unit of time, usually per hour or year.

Direct Materials Purchase Budget

A financial plan that estimates the quantities and costs of direct materials to be purchased to meet production requirements.