Paige was working on a graphic design project for her employer when she cut her hand with scissors and needed stitches. Her doctor’s visit to get the stitches was covered under ______.
A. Social Security
B. Medicare
C. unemployment insurance
D. worker’s compensation
D. worker’s compensation
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Government officials of Country Z estimate that next year's public programs will cost $19 million but that tax revenues will be only $15 million. The officials could avoid a deficit next year by adopting which of the following fiscal strategies?
A. Increase taxes by $4 million. B. Borrow $4 million by issuing new government bonds. C. Reduce the cost of public programs by $4 million. D. All of these strategies will avoid a deficit.
Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:Data used in budgeting: Fixed element per month Variable element per client-visitRevenue $44.50Personnel expenses$26,100 $12.60Medical supplies 600 7.20Occupancy expenses 6,500 2.40Administrative expenses 3,100 0.10Total expenses$36,300 $22.30?Actual results for September: Revenue$93,240 Personnel expenses$50,754 Medical supplies$15,328 Occupancy expenses$11,646 Administrative expenses$3,394 ?The spending variance for medical supplies in September would
be closest to: A. $680 F B. $392 U C. $392 F D. $680 U
Josiah has operated a small mechanic shop for about two years. He has noticed that one employee is much better at welding than the others, another is better at diagnosing the problems with vehicles, and another is better at taking vehicles apart, removing the damaged parts, and then reinstalling the repaired or new parts. Because the business is growing and needs to be run more efficiently than it has in the past, Josiah is considering revamping job assignments. In the past he has let the employees chose what they want to do each day. Considering the abilities of his employees, what would be the best way for him to streamline his business?
A. Make the employee who can diagnose problems a manager B. Utilize job specialization C. Utilize job rotation D. Utilize on-the-job-training
The knowledge workers you've hired over the past three to five years have added value to your company because of what they know. However, they present special challenges. Which of the following statements is true for you as an employer?
a) You can count on these workers to have enough pride in their output that they will seek their own continuing education to stay current in their field. b) You need to allow these staff members to work autonomously and recognize that they measure their performance in comparison to others in their profession. c) You must create a structured chain of command for these staff members so that they can feel comfortable about reporting relationships. d) Even without investing in updating their skills, it will take about three years to gain any competitive advantage from hiring these people.