Which of the Following Is a Major Cause for Loss

question 52

Multiple Choice

Which of the following is a major cause for loss of explicit and tacit knowledge?

• A) Creating chief information officer (CIO) and chief learning officer (CLO) positions
• B) Requiring employees to give presentations to other employees
• C) Older employees retiring
• D) Use of social networking

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Definitions:

Leased Asset

An asset that is rented under a contract, where the lessee has the right to use it for a specified period in exchange for payment to the lessor.

Loss Carry-Forward

Using a year’s capital losses to offset capital gains of future years.

Lease Payments

Periodic payments from a lessee to a lessor in exchange for the use of an asset for a set duration.

Tax Benefit

A deduction, credit, or exemption that reduces taxable income or tax liability, provided to incentivize certain activities or investments.