In compensation, ______ moves some of the risk associated with having employees from the firm to the individual.
A. a rate range
B. salaries
C. variable pay
D. entitlement
C. variable pay
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The Truth in Lending Act (TILA) is intended to furnish the consumer with a better opportunity to shop for credit among merchants, finance companies, credit unions, and banks.
Answer the following statement true (T) or false (F)
Can activity-based costing (ABC) be used by service companies? If so, is the implementation of an ABC system in a service company different than that of a manufacturing company?
In the late 1960s a shareholder of the company that owned the Chicago Cubs baseball team sued the company because the directors refused to install lights in Wrigley Field. The court decided that the directors
a. had a rational purpose for not installing lights and were not liable for doing anything improper. b. were not protected by the business judgment rule. c. had not acted with any rational purpose and were liable to its shareholders for damages caused by their actions. d. had the right to make decisions for the team without any concern for the desires of the shareholders.
Favorable and unfavorable variances are subtracted from each other to arrive at a net favorable or unfavorable variance
Indicate whether the statement is true or false