This Organization Provides Payroll as Well as Other HRM Services

question 78

Multiple Choice

This organization provides payroll as well as other HRM services such as employee benefit design and administration.

• A)Cashier
• B)Payroll service bureau
• C)Professional employer organization
• D)Virtual private network

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Definitions:

Monetary Value

The value of a good or service determined by the amount of money that it can be traded or sold for in a market.

Demographic Characteristics

Refers to the statistical data of a population that include age, race, gender, income, migration patterns, and population growth.

Poverty Rate

The percentage of the population living below the national poverty line, reflecting those who cannot meet basic needs for food, shelter, and clothing.

Social Class

A division of a society based on social and economic status, affecting people's life chances, access to resources, and cultural practices.