Which labour demand theory says that pay levels and pay mix are designed to indicate desired employee behaviours?
A. reservation wage theory
B. human capital theory
C. efficiency wage theory
D. compensating differentials theory
E. signalling theory
Answer: E
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The good-faith rule presumes that ________
A) corporate officers, directors, and agents will not take personal advantage of an opportunity that, in all fairness, should have belonged to the corporation B) buyback programs prevent stock options and the new shares resulting from the exercise of options from diluting stock prices and earnings per share C) officers and directors will exercise their duties in a manner they reasonably believe to be in the best interests of the corporation D) the valuation of the property or services given as consideration for the stock is fair as long as it is honestly made
When packaging material for a Web site, which of the following statements is most correct?
A) Conciseness is not important if the sentences are short. B) Conciseness is important in all technical correspondence. C) Conciseness is even more important in a Web site. D) None of the above
If you have a dispute over an item on your monthly credit statement, you should
A) not pay any part of the bill until the matter is resolved since a payment is an admission of guilt. B) call the creditor on the phone, explain the dispute, and request a revised statement. C) notify the creditor in writing, indicate the nature of your position, and pay any amount that is not disputed. D) pay the disputed amount before contesting the charge.
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $21,000 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $550. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A.
Bad Debts Expense | 20,450? | |
Allowance for Doubtful Accounts | 20,450? |
B.
Accounts Receivable | 21,550? | |
Allowance for Doubtful Accounts | 21,550? |
C.
Bad Debts Expense | 21,000? | |
Allowance for Doubtful Accounts | 21,000? |
D.
Accounts Receivable | 21,000? | |
Bad Debts Expense | 550? | |
Sales | 21,550? |
E.
Bad Debts Expense | 21,550? | |
Allowance for Doubtful Accounts | 21,550? |