An accounting firm conducts periodic reviews of the distribution of pay and other rewards granted to employees, such as promotions and increased office space. The goal of the reviews is to confirm that employees who received greater pay increases or other favorable outcomes have made significant contributions to the organization. This ensures the company uses ________ when rewarding its employees.
A. compensation justice
B. distributive equality
C. distributive fairness
D. procedural justice
E. distributive justice
Answer: E
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In expectancy theory, the perception that an employee’s performance will be appraised accurately and will lead to rewards (e.g., pay raises, bonuses, etc.) is referred to as ______.
A. instrumentality B. expectancy C. valence D. equity
Which of the following statements is False?
a. Advertising is an example of product cost. b. Product costs are also called as inventoriable costs. c. Prime cost are also called inventoriable costs. d. Direct material is an example of product cost.
__________is a governmental corporation established within the Department of Labor whose purpose is to insure retirement funds from failure.
A. Golden Parachutes B. Defined Benefit Plan C. Pension Benefit Guarantee Corporation D. Social Loafers E. high-deductible health plan
A company had net income of $230,000. Depreciation expense is $26,000. During the year Accounts Receivable and Inventory increased $15,000 and $40,000, respectively. Prepaid Expenses and Accounts Payable decreased $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. Using the indirect method, what is the amount of net cash flows from operating activities on
the statement of cash flows? A) $196,000 B) $202,000 C) $276,000 D) $288,000