Which of the Following Is an Important Aspect of Control

question 12

Multiple Choice

Which of the following is an important aspect of control over payroll?

• A) controls to limit salaries and wages so that they are no higher than competitors
• B) controls for efficiency in payroll procedures
• C) controls to screen potential employees for criminal records
• D) controls to monitor employee behavior, such as use of security cameras

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Definitions:

Minimum-Wage Laws

Legislation that sets the lowest hourly wage that employers can legally pay their workers, intended to protect workers from exploitation.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a certain period.

Supplemental Nutrition

Programs or interventions designed to provide additional nutritional support, especially to vulnerable groups such as children, the elderly, or low-income families.

Capital Gains Tax

A tax levied on the profit received from selling a capital asset such as stocks, bonds, or real estate.