Which of the Following Is Not a Benefit of Using

question 67

Multiple Choice

Which of the following is not a benefit of using a payroll service bureau or a professional employer organization?

• A)freeing up of computer resources
• B)increased internal control
• C)reduced costs
• D)wider range of benefits

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Definitions:

Demand Curve

A graph showing the quantity of a good that consumers are willing to buy at different prices, typically downward sloping.

Wage Rate

The compensation paid to employees for their labor, typically expressed as an amount per hour, day, or unit of work.

Production Function

A mathematical model that describes the relationship between input factors (like labor and capital) and the output of goods or services.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing to purchase at each price level.