Cuts in Overtime Pay,profit Sharing,and Encouraging Employees to Take Leave

question 134

Multiple Choice

Cuts in overtime pay,profit sharing,and encouraging employees to take leave days are all ways to reduce employee costs in what area?

• A) Employment policies
• B) Pay and benefits
• C) Job design
• D) Training

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Definitions:

Transfer Price

The price at which goods or services are sold between divisions within the same company or between companies under common control.

Variable

A quantity or factor in an experiment or equation that can change or be changed.

Variable Production Cost

Costs that vary directly with the level of production output, including raw materials, direct labor, and other expenses that increase with production volume.

Sales Price

Sales Price is the amount of money charged for a product or service in the market.