After Rachel, a costume designer at a movie production company, completed her postgraduation in theater design, she was awarded a pay hike by the company. Which of the following variable pay systems does this scenario best illustrate?
A. Stock options
B. Pay for knowledge
C. Commissions
D. Profit sharing
Answer: B
You might also like to view...
Interest rate volatility increases the complexity of cash management
Indicate whether the statement is true or false.
For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjusting its marketing mix variables in order to give customers
A. a perceptual map of the imaging landscape. B. a more flexible supply chain strategy. C. lower prices than the competition offers. D. a clear, distinctive, and desirable understanding of their products relative to competing products. E. more product features than the competition offers.
Max Company's first year in operation was Year 1. The following inventory purchase information comes from Max's accounting records for the year: 
In December Year 1, Max sold 350 units for $480 each. Operating expenses for the year were $30,000, and the tax rate was 30%. Required: a) Calculate the cost of goods sold using LIFO.b) Calculate the cost of goods sold using FIFO. c) What amount of income tax would Max have to pay if it uses LIFO? d) What amount of income tax would Max have to pay if it uses FIFO? e) Assuming that the results for Year 2 are representative of what Max can generally expect, would you recommend that the company use LIFO or FIFO?
Explain. What will be an ideal response?
The United States economy can be described as:
a. a planned economy b. a mixed economy c. a comprehensive economy d. a pure economy e. a pure market economy