Once the compensation level for a producer's salespeople has been set, the particular method of payment depends on the
A. setting of sales quotas.
B. desire for simplicity.
C. need for control.
D. need for incentive.
E. All these answers are correct.
Answer: E
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Which of the following is impacted by flexible costing systems, activity-based costing, shift in cost structure from variable to fixed costs, and reduced direct labor cost component in manufacturing?
a. product innovation b. production process innovation c. supply chain management d. management accounting systems
The basic idea of misrepresentation is that one of the parties to a contract created in the mind of the other party a mistaken impression about an important fact or facts concerning the subject of the contract.
Answer the following statement true (T) or false (F)
Most retaliation against the whistleblower for whistleblowing is initiated by ______.
a. leaders in the broader industry in which the employee works b. the company’s HR department c. the employee’s manager or higher-level managers d. the employee’s coworkers
Which of the following is/are not true?
a. Firms sometimes issue bonds with stock warrants attached and allocate the amount received between the bonds and the warrants based on their respective fair values. b. When firms issue convertible bonds U.S. GAAP requires firms to allocate the full issue price to the bonds and none to the conversion feature. c. IFRS requires firms to allocate the full issue price to the bonds and none to the conversion feature. d. Under IFRS, the firm allocates the issue price of bonds with terms similar to those issued but without the conversion feature to the bonds and the remainder of the issue price to the conversion option. e. all of the above