Total pay is synonymous with the fixed costs,variable costs,or opportunity costs of employee time.

Name: Total pay is synonymous with the fixed costs,variable costs,or opportunity costs of employee time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total pay refers to the complete earnings of an employee, including base salary, bonuses, and any other monetary compensation, and is not synonymous with fixed costs, variable costs, or opportunity costs of employee time, which are terms related to business expenses and economic concepts.

Total Pay Is Synonymous with the Fixed Costs,variable Costs,or Opportunity