During Its First Year of Operations, a Company Granted Employees

question 49

Multiple Choice

During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $21,500 and $15,000. The vacations are expected to be taken in the next year and the pension rights are expected to be paid in the future 5-30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year?

• A) $15,000
• B) $36,500
• C) $6,500
• D) $21,500

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Definitions:

General Feeling

A widespread or common emotion or opinion among a group of people.

Too Much Pressure

A condition in which an individual faces excessive demands or stresses from work or other responsibilities.

Sources of Satisfaction

Factors or elements that contribute to an individual's happiness and contentment in the workplace, such as job security, salary, work-life balance, and recognition.

Opposite of Overload

Underload, which occurs when an individual has insufficient work or too few challenges, leading to boredom or lack of engagement.