Pay level decisions have a significant impact on expenses.Other things being equal, the higher the pay level, the higher the:
A)profit margins.
B)labor costs.
C)return on investments.
D)revenues.

Question

Quizplus · Accepted Answer

Pay level decisions determine the wages and benefits paid to employees, directly impacting labor costs. The higher the pay level, the higher the labor costs, which can reduce profit margins unless it is offset by increased revenues or productivity. Return on investments and revenues are not necessarily tied to pay levels.

Pay Level Decisions Have a Significant Impact on Expenses