Which of the Following Can Be Used to Help Explain

question 294

Multiple Choice

Which of the following can be used to help explain wage differences among different groups of workers?

• A)human capital acquired through education
• B)human capital acquired through job experience
• C)compensating differentials
• D)All of the above can explain wage differences.

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Definitions:

Stockholders' Approval

Stockholders' approval is the consent given by shareholders for certain business decisions or corporate actions, typically during a vote at a shareholders' meeting.

Financial Accounting Standards Board

An independent organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.

Assets and Liabilities

Assets are resources owned by a business that have economic value, while liabilities are obligations a business owes to others.

Owner's Equity

The owner's residual interest in the assets of the business after deducting liabilities.