Which one of the following increases the labour costs to an entity? Select one: O A. Productivity bonus O B. Employee deduction for trade union membership C. Income tax O D. Employee contribution to pension fund Clear my choice

Which one of the following increases the labour costs to an entity? Select one: O A. Productivity bonus O B. Employee deduction for trade union membership C. Income tax O D. Employee contribution to pension fund Clear my choice

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter9: Payroll, Estimated Payments, And Retirement Plans

Section: Chapter Questions

Problem 14MCQ

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Concept explainers

Financial and legal aspects of employment

Federal and state legislation, regulation of all labor laws, and government-imposed employment law all contribute to a legal environment. Employment law governs the relationship between employer and employee. Labor laws govern the relationship between employee groups such as labor unions and their employers. Many employment laws have been enacted by the government to protect the financial rights and interests of employees. To protect an individual's employment, the United States Department of Labor has enacted 180 worker protection laws. It also covers financial and workplace safety laws such as minimum wage requirements, parental leave benefits, paid leave benefits, social security, and discrimination.

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Which one of the following increases the labour costs to an entity?
Select one:
O A. Productivity bonus
O B. Employee deduction for trade union membership
O C. Income tax
O D. Employee contribution to pension fund
Clear my choice

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