Which of the Following Statements Is FALSE

question 114

Multiple Choice

Which of the following statements is FALSE?

• A) Employment relationships are shifting towards the idea that companies must provide employees a high degree of job security, possibly even a job for life.
• B) Generation-X employees bring somewhat different values and needs to the workplace than those of baby boomers.
• C) The workforce is becoming more diverse.
• D) Successful firms increasingly rely on values rather than direct supervision to guide employee decisions and behavior.
• E) Work/life balance is becoming a "must have" condition in the employment relationship.

---

Definitions:

Raw Materials

Basic substances in their natural, modified, or semi-processed states used as an input in the manufacture of goods.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate projected overhead costs to products or services based on expected activity levels.

Actual Cost Driver

A factor that directly impacts the expenses associated with a specific activity, determining the actual costs incurred.

Budgeted Overheads

The estimated costs for overhead (indirect costs such as utilities, rent, and administrative salaries) that are planned or budgeted for a specific time period.