The Unemployment Rate Is High in the City in Which

question 5

Multiple Choice

The unemployment rate is high in the city in which a company has a factory.The company finds that they are able to pay new employees a lower wage per hour than when the unemployment rate was lower a year ago.Which variance is directly impacted?

• A)Materials price variance
• B)Materials efficiency variance
• C)Labor price variance
• D)Labor efficiency variance

Recognize and describe various plans and strategies to promote diversity within an organization.

Identify legal requirements affecting employee selection, including immigration and disability laws.

Differentiate between types of job interview questions and their purposes.

Understand the impact and limitations of online recruitment methods.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Backlog

Orders that have been received but not delivered to the customer.

Orders Received

The total number of orders that a company gets from its customers within a certain period.

Long-Term Investments

Assets that are more than 1 year old and are carried on the balance sheet at cost or book value with no appreciation.