The Specific Human Resource Policies and Practices Used to Support

question 9

True/False

The specific human resource policies and practices used to support a firm's strategic goals are known as human resource strategies.

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Definitions:

Payroll Taxes

Contributions required from employers and their workers, determined as a portion of the payroll expenses incurred by the employer.

Workers

Individuals engaged in any form of productive activity, typically in exchange for wages or salaries.

Corporate Profits Tax

A levy placed on the profit of corporations, calculated as the net income of the firm after deducting costs and expenses.

Individual Income Tax Rate

The percentage of an individual’s income that is paid to the government as tax.