Daniel teaches sixth grade at a local elementary school. He significantly increased his salary by earning a master's degree in education. Daniel's increased salary is an example of

A. pay for performance.
B. profit sharing.
C. a bonus.
D. pay for knowledge.
E. gainsharing.


D. pay for knowledge.

Also known as skill-based pay, pay for knowledge ties employee pay to the number of job-relevant skills or academic degrees they earn. The teaching profession is an example; elementary and secondary teachers are encouraged to increase their salaries by earning further college credit.

Business

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Capability sourcing refers to outsourcing the functions that a company does best to trusted key partners.

Answer the following statement true (T) or false (F)

Business

Administering a satisfaction survey questionnaire with trainees at the end of a training session is a/an ______.

Fill in the blank(s) with the appropriate word(s). measurement or evaluation

Business

The Widner Company manufactures two products: Stainless Serving Spoons and Stainless Serving Forks. The costs and revenues are as follows: Spoons ForksSales price$150  $88 Variable cost per unit 80   42 Total demand for Spoons is 14,000 units and for Forks is 9,000 units. Machine time is a scarce resource. During the year, 54,000 machine hours are available. Spoons require 5 machine hours per unit, while Forks require 3 machine hours per unit.How many units of Spoons and Forks should Widner produce? SpoonsForksA.14,0000B.8,3074,154C.10,8000D.5,4009,000

A. Option A B. Option B C. Option C D. Option D

Business

Indicate whether each of the following statements is true or false.The Selling and Administrative Expense (S&A) budget includes depreciation expense, which is based on projections from the capital expenditures budget._____Interest expense on the S&A budget is based on borrowing projections shown in the cash budget._____The schedule of cash payments for selling and administrative expenses includes the amount of depreciation expense for the period._____A pro forma financial statement could be described as a budgeted financial statement._____Pro forma financial statements include amounts drawn from the sales budget, the inventory purchases budget, the S&A budget, and the cash budget._____

What will be an ideal response?

Business