The Smith Corporation Has the Following Data for 2011

question 29

Multiple Choice

The Smith Corporation has the following data for 2011:
-The margin of safety expressed in sales revenue will be

• A) $37,500.
• B) $45,000.
• C) $75,000.
• D) $112,500

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Definitions:

Job Sharing

When two or more employees perform the duties of one full-time position, each sharing the work activities on a part-time basis.

Temporary Layoffs

A situation where employees are suspended or laid off from their jobs for a period of time but are expected to return to their positions in the foreseeable future.

Workforce Planning

The methodology of examining, predicting, and organizing the needs and provisions of the workforce, identifying discrepancies, and identifying specific strategies for talent management.

Headcounts

The total number of individuals employed by an organization at any given time, including full-time, part-time, and temporary staff.