One of the Lessons from the Opening Case Is What

question 124

Multiple Choice

One of the lessons from the opening case is what?

• A) firms are spending a decreasing amount of money on human resource issues
• B) firms now fully understand all of the human resource elements
• C) cost containment is an issue when speaking about pensions and health care costs
• D) all of the answers are correct
• E) most health care costs have been decreasing due to new scientific breakthroughs

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Definitions:

Accrued Salaries

Salaries that have been earned by employees but have not yet been paid by the end of an accounting period.

Insurance Expense

The cost incurred by a business or individual for purchasing insurance coverage, recognized as an expense over the policy period.