Job-based pay structure
A. encourages lateral employee movement.
B. discourages topdown decision-making.
C. discourages promotion-seeking behavior.
D. encourages a lack of initiative on the part of employees.
E. discourages performance evaluation by the manager.
Answer: D
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Answer the following statements true (T) or false (F)
1. Standard environmentalism refers to the level of environmentalism practiced by most corporations. 2. With carbon capture and storage (CCS) , carbon dioxide emissions are captured and injected into underground formations. 3. Credits purchased from other corporations or organizations to mitigate greenhouse gases released into the environment are called a carbon tax. 4. Greenwashing is the permeation of "green" or environmental concerns throughout all organizational divisions in a corporation. 5. Greenwashing is considered a "token response" to environmental concerns.
Which of the following statements is not a benefit of EDI to retailers and their vendors?
A. Information flows quicker, so inventory turnover is higher. B. It improves overall quality of communications. C. It is a computer readable format that can be easily analyzed. D. EDI increases the desirability of the product for the end consumer. E. EDI reduces cycle time.
Steger Corporation was organized on July 15, Year 1. The company was authorized to issue 150,000 shares of $5 par value common stock and 50,000 shares of 9% cumulative class A preferred stock. The class A preferred stock had a stated value of $10 per share. Steger entered into the following stock transactions:a) Issued 50,000 shares of common stock for $22 per shareb) Issued 4,000 shares of the class A preferred stock for $20 per sharec) Issued 27,500 shares of common stock for $28 per shareRequired:Prepare the general journal entries required for these transactions.
What will be an ideal response?
The purchase of raw materials on account in a process costing system is recorded with a:
A. Debit to Accounts Payable and a credit to Raw Materials Inventory. B. Debit to Work in Process Inventory and a credit to Accounts Payable. C. Debit to Purchases and credit to Cash. D. Debit to Raw Materials Inventory and a credit to Accounts Payable. E. Debit to Purchases and a credit to Accounts Payable.