What is the primary purpose of a labor report?
A)It depicts the ideal distribution of labor in a firm.
B)It designates where labor is used in a firm.
C)It communicates departmental profitability.
D)It is a report designed to be read by parties external to the firm.

Question

Quizplus · Accepted Answer

The primary purpose of a labor report is to designate where labor is used in a firm. It provides an overview of the distribution of labor within a company, including the number of employees, their roles, and the departments they work in. This information can be used by management to identify areas where labor costs can be reduced or increased, and to make strategic decisions about workforce planning. While labor reports may be shared with external parties, their primary purpose is to inform internal decision-making.

What Is the Primary Purpose of a Labor Report