Which of the Following Is a Main Reason for the Increased

question 8

Multiple Choice

Which of the following is a main reason for the increased costs associated with person-focused pay programs?

• A)higher payroll costs
• B)increased overhead costs
• C)higher training costs
• D)all of the above

---

Definitions:

Lumpy Assets

Those assets that cannot be acquired smoothly, and that require large, discrete additions. For example, an electric utility that is operating at full capacity cannot add a small amount of generating capacity, at least not economically.

Financial Forecasting

The process of estimating or predicting how a business will perform in the future through the use of historical data and other information.

Fixed Assets Added

Refers to the purchase or acquisition of physical assets by a company that are expected to be used for longer than one accounting period.

Working Capital Strategy

A business approach focusing on managing a company's operational needs efficiently by balancing current assets and current liabilities to maintain liquidity.