Which of the Following Is Not True About Payroll Fringe

question 51

Multiple Choice

Which of the following is not true about payroll fringe costs?

• A)Managers do not need to classify payroll fringe costs.
• B)Contracts and laws should be as specific as possible regarding definitions and measurements.
• C)Disputes arise about whether they should be included as part of direct labor costs when calculating percentage of direct labor.
• D)Managers classify them as part of direct labor costs to make direct labor costs a higher percentage of total costs.
• E)Tax authorities argue that the costs are part of overhead.

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Definitions:

Looking Glass Self

A sociological concept that suggests our self-image is shaped by how others perceive us and the feedback we receive from them.

Judged

The act or process of forming an opinion or evaluation by discerning and comparing.

Make-Believe Game

A type of play involving pretend or imaginative scenarios, often with specific roles assumed by the players.

Objective Side

Refers to the aspects of a situation or problem that are measurable, observable, and independent of individual subjective judgments.