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:

Operating Activities

Business activities directly related to the production and delivery of goods and services, which are reflected in the cash flow statement.

Insurance

A financial product that provides protection against losses or damages, in exchange for premium payments to the insurer.

Direct Method

A cash flow statement preparation approach that shows actual cash receipts and payments, as opposed to the indirect method.

Balance Sheet

A document presenting a firm's assets, liabilities, and owner's equity at a certain date.