The Potential Effects of Work Sharing Include Which of the Following

question 90

Multiple Choice

The potential effects of work sharing include which of the following?

• A)Employers can retain trained and loyal workers when forced to temporarily economize by reducing labour costs.
• B)Employees whose seniority would protect them from layoffs have the disadvantage of lost earnings.
• C)Employees who otherwise would be laid off will have continued work - though with reduced earnings.
• D)B and C.
• E)A,B,and C.

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Definitions:

Costs of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.

Inventory

A company's full collection of materials and goods, kept for the goal of being sold or used in production.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for, represented as an asset on the company's balance sheet.

Return on Equity

A financial ratio indicating the profitability of a company relative to shareholders' equity, showing how much profit is generated with the money shareholders have invested.