Once You Implement a New Aggregate Plan You Must Then

question 60

Multiple Choice

Once you implement a new aggregate plan you must then:

• A) begin the planning process again.
• B) evaluate the plan's performance in terms of cost.
• C) evaluate the plan's performance in terms of customer service.
• D) evaluate the plan's performance in terms of human resources.
• E) evaluate the plan's performance in terms of cost and human resources.

---

Definitions:

Social Security Taxes

Taxes levied on both employers and employees to fund the Social Security program, used for providing retirement, disability, and survivor benefits.

Medicare Taxes

Taxes withheld from employees' paychecks and matched by employers to fund the Medicare program.

Vacation Pay Payable

A liability account representing the amount of vacation pay owed to employees that has not yet been paid.

Current Liability

A financial obligation that a company is required to pay within a year, such as accounts payable, short-term loans, and accrued expenses.