Which of the Following Terms Refers to the Privileges,services,or Even

question 4

Multiple Choice

Which of the following terms refers to the privileges,services,or even tangible items given to employees as part of the overall compensation and benefits package?

• A) Bonuses
• B) Long-term incentives
• C) Perks
• D) Health insurance

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Definitions:

Preventive Maintenance

Routine maintenance and inspections of equipment and facilities to prevent unexpected breakdowns and to ensure efficient operation.

Useful Life

The estimated duration of time over which an asset is expected to be usable by an organization, influencing depreciation calculations.

Economic Value

The assessment of value that a good or service offers to an economic entity.

Operating Cost

Expenses associated with the day-to-day operations of a business, including costs for materials, labor, and overhead.