What is the primary difference between commission work and piece-rate work?
What will be an ideal response?
Commission work pertains to compensation based on amount of sales generated. Piece-rate work is compensation for numbers of items built, assembled, or otherwise completed during a given time
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When a relationship between several independent variables and one dependent variable is analyzed, the regression is referred to as ____________________
Fill in the blank(s) with correct word
When a bank issues a cashier's check, the bank sets aside money from the drawer's bank account
to later pay the cashier's check when it is presented for payment. Indicate whether the statement is true or false
GH Pharma Inc. is planning to introduce employer-sponsored SIMPLE IRA as the retirement plan for its employees. Which of the following is true in this context?
A. If GH Pharma Inc. establishes a SIMPLE IRA it does not have to worry about meeting the minimum participation/minimum coverage rules applicable to other types of plans. B. If GH Pharma Inc. makes matching contributions it must match employee contributions up to 7 percent of the employee's compensation for the calendar year. C. Employees who received at least $2,000 in compensation during any prior tax years will be eligible to participate in the firm's SIMPLE IRA plan for the current year. D. GH Pharma Inc. will need to make either matching contributions or elective contributions.
In addition to mail, direct-response promotion may include websites, broadcast, e-mail, and interactive media.
Answer the following statement true (T) or false (F)