Wellness Programs Are Primarily Designed To

question 44

Multiple Choice

Wellness programs are primarily designed to:

• A) eliminate violence in the workplace by identifying and treating potentially violent employees.
• B) create drug-free working environments by providing confidential treatment for employees with substance abuse problems.
• C) help companies lower health-care costs by proactively working to prevent health problems.
• D) help employees whose job performance is suffering due to physical, mental, or emotional problems.

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Definitions:

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from its core operations.

Direct Labor Efficiency Variance

A financial metric that analyzes the difference between the actual hours worked and the standard hours expected for the production achieved.

Labor Per Unit

The amount of labor cost incurred to produce one unit of production, a measure of efficiency and cost control.

Direct Materials Quantity Variance

Direct materials quantity variance is a measure of the difference between the estimated amount of materials supposed to be used in production and the actual amount used, reflecting efficiency in material usage.