How to determine the estimated net cost of benefits to the employer?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How to determine the estimated net cost of benefits to the employer?

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In an organizational setting, when business activities are carried out it results in some benefits as well as there is always some cost attached to it.

For every benefit, there will be a cost that may or may not be directly identifiable or vice – versa.

For determining the cost of benefits to an employer there must be a proper track of each and every cost incurred and benefits availed out of that.

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