The Difference Between Attrition and Early Retirement Is _________

question 53

Multiple Choice

The difference between attrition and early retirement is _________.

• A)early retirement involves incentives
• B)attrition is a faster process
• C)early retirement is permanent; whereas attrition is temporary
• D)attrition results in job training and replacement

---

Definitions:

Company Tax Rate

The rate at which a corporation's income is taxed by the government.

Current Tax Liability

The amount of income taxes a company is obligated to pay to governmental authorities within the next fiscal period.

Tax Deductible

Tax deductible refers to certain expenses or investments that can be subtracted from gross income to reduce the amount of income subject to tax.

Depreciation

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to use and wear and tear.