What Is the Main Reason for the Increase in Employee

question 52

Multiple Choice

What is the main reason for the increase in employee benefit costs during the last 15 years?

• A) Cost of funding retirement income
• B) Cost of sick leave and worker absenteeism
• C) Cost of health insurance
• D) None of the above

---

Definitions:

Accounts Payable

The amount a company owes to suppliers for goods and services purchased with credit.

Factor

A finance company to which businesses sell their accounts receivable—usually for a percentage of the total face value.