Which of the following is NOT considered part of compensation?
A) perquisites
B) base pay
C) flextime
D) bonuses
E) gainsharing
Answer: C
Explanation: C) Compensation consists of base pay, benefits, and incentives. Flextime is a scheduling strategy that can help motivate employees.
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The Europeans adopted the 13-digit _____ as a standard for universal product codes.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements is most likely true regarding the objective-and-task method of budget setting?
A) It forces management to spell out its assumptions about the relationship between the money spent and promotion results. B) It is the simplest and least time consuming method to use. C) It is the least logical budget-setting method. D) It involves setting the promotion budget to match competitors' outlays. E) It wrongly views sales as the cause of promotion rather than as the result.
A multiple-step income statement displays only revenues, expenses, and the net income or loss
Indicate whether the statement is true or false
Although different in substance, both healthcare and government organizations are controlled by ______.
A. dualities B. similar market shares C. open systems D. none of these