Which of the Following Strategies Can Be Legally Adopted by Organizations

question 74

Multiple Choice

Which of the following strategies can be legally adopted by organizations looking to restructure the workforce to minimize the expense of benefits?

• A) Using more independent contractors rather than hiring additional employees
• B) Limiting the coverage on life insurance based upon an employee's age
• C) Using more full-time rather than part-time employees
• D) Recruiting new employees instead of demanding overtime from existing employees
• E) Substituting HMO and PPO plans with traditional health insurance plans

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Definitions:

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash in the short term.

Pledged Receivables

Assets owed to a company that have been used as collateral for a loan or other financial agreement.

Loan Collateral

Security that a borrower offers a lender to secure a loan.

Uncollected Accounts

Accounts receivable that have not yet been paid by customers, representing outstanding debts owed to a business.