The Costs of Recruiting Are Not Just the Direct Costs

question 104

True/False

The costs of recruiting are not just the direct costs of hiring but can also include the costs of a bad hire.

---

Definitions:

Tax-Effect Entry

An accounting entry that reflects the impact of taxes on financial statements.

Interest Revenue

Earnings generated from lending money or through investments in interest-bearing financial instruments.

Income Tax Expense

The cost of income taxes a company incurs, reflecting the taxes to be paid to taxation authorities and adjustments to deferred tax assets or liabilities.

Deferred Tax Assets

The amount of income tax recoverable in future reporting periods in respect of deductible temporary differences and tax losses.