Which of the Following Is a Benefit of Having a Wide

question 73

Multiple Choice

Which of the following is a benefit of having a wide latitude in reducing workforce?

• A) It gives the option of hiring for peak needs and laying off employees if needs decline.
• B) It helps in protecting workers' jobs.
• C) It helps employees to adjust to a new culture.
• D) It allows workers to keep more of their earnings regardless of the taxes they pay.
• E) It gives employers the advantage to choose from local workers or immigrant workers according to the work requirement.

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry is listed as a percentage of a base figure within the same period, facilitating comparison and trend identification.

Intercompany Comparisons

The analysis or comparison of financial and operational data between different companies within the same industry or sector to evaluate relative performance.

Statement of Income

A financial document that reports a company's revenues, expenses, and profits or losses over a specific period, reflecting its operational performance.

Vertical Analysis

A method of financial statement analysis in which each line item is listed as a percentage of a base figure, facilitating comparison across different periods and companies.