A. encouraging investors
B. curbing inflation
C. regulating standard of living
D. curbing deflation
Correct Answer:
Option B – curbing inflation
Explanation
Wage Freeze; A policy in which a company refuses to raise wages and salaries for a period of time. A wage freeze is usually instituted when a company is having a difficult time financially and wishes to avoid layoffs or other cutbacks.
Management Accounting And Functions
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Basic Accounting Conventions
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Qualities And Objectives Of Financial Accounting
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Basic Accounting Conventions
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Budgeting Process in Nigerian Education
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