Exercise 6-10A (Static) Why is it important to prepare the benefit analysis report or the total compensation report? (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) The reports inform labor planning and employer cost strategies. The reports promote employee education about the total value of their salary and benefits. The reports may be used to accompany benefits billing. The reports may be used as employee contracts