When comparing individual versus team rewards, it is important to note that:

a. most U.S. employees prefer team rather than individual rewards.
b. team rewards are best at motivating the high performers.
c. a mixture of team and individual rewards encourages better performance than either type alone.
d. team rewards are best at discouraging social loafing.


c. a mixture of team and individual rewards encourages better performance than either type alone.

Business

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On January 1, 2015, Leslie Co issued $100,000 of 8% ten-year bonds at 97. Issuance costs amounted to $2,000. On July 1, 2020, all of the bonds were called at 103. What was the loss on bond retirement, assuming the use of straight-line amortization?

A) $1,950 B) $2,500 C) $4,200 D) $4,350

Business

Which of the following is the most likely candidate for a contingent liability that must be accrued?

a. Potential liability for a lawsuit in which the firm is a defendant b. Property tax payable c. Potential liability on a product that is still in the planning stages (no items have been sold) d. Warranty liability

Business

Items that must be reported on line 21 (Other Income) of Schedule 1:

A. Wages. B. Capital gains. C. Jury duty pay. D. Tax-exempt dividends.

Business

Before choosing which trade show to attend, a marketer should first consider which of the following?

A) location of the show B) type of press kit to create C) buying potential of attendees D) availability of sales personnel E) seasonal marketing needs

Business