What are some differences between large- and small-company payroll practices?
What will be an ideal response?
a. Small companies would have fewer employees and reporting requirements, and would be less likely to be required to have automated payroll systems.
b. Large companies have more employees and greater departmentalization. This increase in employees leads to a higher level of complexity in payroll accounting, disbursements, and reporting. Larger companies may also provide Intranet portals for employee self-service options. Additionally, larger companies may need additional accuracy checks.
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Job order costing would be appropriate for companies that produce custom homes and specialized equipment.
Answer the following statement true (T) or false (F)
The goal of the _________ style of conflict management is to avoid making a decision at whatever cost. Neither your concerns nor the concerns of the other party need be satisfied.
a. Acclimation b. Collaboration c. Competition d. Avoidance
Team writing is especially important for documents that require the expertise or consensus of many people
Indicate whether the statement is true or false
In which part of a business plan should the expected revenues be included?
A. Company background B. Financial data C. Definition of the market D. Management structure