Key Concepts in Accounting and Finance pp 133-138 | Cite as
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Chapter
Abstract
‘Labour burden’ is a term used to describe the costs of indirect labour in an organization. The costs of indirect labour are considered to be incidental to the production operations of the business. They are, therefore, given the unfortunate description of being a burden rather than an asset to the business.
Keywords
Share Price Current Asset Leading Indicator Liquidity Ratio Current Liability
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References
- Jain, Arvind, Commodity Futures Markets and the Law of One Price. Ann Arbor, MI: University of Michiqan Press. 1980.Google Scholar
- Chorafas, Dimitris N., Liabilities, Liquidity and Cash Management: Balancing Financial Risk. New York: John Wiley, 2002.Google Scholar
Copyright information
© Jonathan Sutherland and Diane Canwell 2004