Final answer:
Undertime is not used when it is easy to hire employees and is inexpensive.
Step-by-step explanation:
The statement is False. Undertime is not used when it is easy to hire employees and is inexpensive. Undertime refers to the situation when there is a decline in demand or production, and instead of laying off workers, the company reduces their working hours, resulting in reduced pay for the employees. This allows the company to avoid the costs of hiring, training, and losing skilled workers during downturns.