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

Question

Quizplus · Accepted Answer

Higher pay levels lead to higher labor costs since employees are being paid more for their work. This is one of the main factors that should be considered when deciding on pay levels as it directly impacts the company's expenses. The other options are not necessarily affected by pay level decisions.

Pay Level Decisions Have a Significant Impact on Expenses