Human resource outsourcers handle a firm's HR functions on an administrative level, so the client firm's employees are not added to the HROs payroll

The cost of capital acts as a major link between a firm's long-term investment decisions and the wealth of the firm's owners as determined by the market value of their shares

Indicate whether the statement is true or false

The time value of money is the gain of purchasing power that occurs over time as a result of

deflation. Indicate whether the statement is true or false