Which of the following is an example of an employee benefit?
A. Education reimbursements
B. Commissions
C. Profit-sharing plans
D. Bonuses
E. Stock options
A. Education reimbursements
Benefits, or fringe benefits, are additional nonmonetary forms of compensation designed to enrich the lives of all employees in the organization, which are paid all or in part by the organization. Examples are many: health insurance, dental insurance, life insurance, disability protection, retirement plans, holidays off, accumulated sick days and vacation days, and education reimbursement.
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A change to just-in-time manufacturing expands mainly the role of the
a. cost accountant. b. machine operator. c. purchasing manager. d. quality control inspector.
Syrio's Snowboards uses the perpetual inventory system. At year end the general ledger indicated that the company had a balance of $24,000 in the Inventory account. Actual inventory on hand per a physical count was $19,000. What action does the company now need to take?
A) No action is required because the amount is not material. B) Debit Cost of Goods Sold and credit Inventory, $5,000. C) Debit Purchases and credit Cost of Goods Sold, $5,000. D) Debit Inventory and credit Cost of Goods Sold, $5,000.
In a DBMS, the main mechanism for increasing the efficiency with which data is retrieved from the database is the ____________________
Fill in the blank(s) with correct word
The ability to handle a wide range or assortment of products without undue costs is
A) Flexibility B) Volume flexibility C) Variety D) Postponement E) Mass customization